Clear Channel Outdoor Holdings Inc. (NYSE:CCO) shares were down 1.5% during mid-day trading on Thursday . The stock traded as low as $6.67 and last traded at $6.70, with a volume of 54,668 shares. The stock had previously closed at $6.80.

A number of analysts recently commented on the company. TheStreet raised Clear Channel Outdoor Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, June 9th. Zacks Investment Research raised Clear Channel Outdoor Holdings from a “hold” rating to a “strong-buy” rating and set a $7.50 price target for the company in a research note on Tuesday, July 5th. Evercore ISI dropped their price target on Clear Channel Outdoor Holdings from $5.00 to $4.00 in a research note on Wednesday, April 6th. Finally, Wedbush raised their price target on Clear Channel Outdoor Holdings from $4.00 to $6.00 and gave the stock a “neutral” rating in a research note on Thursday, May 5th. Two analysts have rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Clear Channel Outdoor Holdings has a consensus rating of “Hold” and a consensus price target of $4.88.

The company’s 50-day moving average is $6.40 and its 200 day moving average is $5.17. The stock has a market capitalization of $2.40 billion and a price-to-earnings ratio of 31.66.

Several hedge funds have recently modified their holdings of the company. Gabelli Funds LLC boosted its stake in shares of Clear Channel Outdoor Holdings by 3.0% in the fourth quarter. Gabelli Funds LLC now owns 2,747,144 shares of the company’s stock valued at $15,357,000 after buying an additional 80,000 shares during the period. Gamco Investors INC. ET AL raised its stake in Clear Channel Outdoor Holdings by 2.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,819,314 shares of the company’s stock valued at $10,170,000 after buying an additional 36,600 shares during the last quarter. Finally, BBT Capital Management LLC raised its stake in Clear Channel Outdoor Holdings by 3.0% in the fourth quarter. BBT Capital Management LLC now owns 807,867 shares of the company’s stock valued at $4,516,000 after buying an additional 23,500 shares during the last quarter.

Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company owns and operates billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. It operates in two segments: Americas outdoor advertising (Americas) and International outdoor advertising (International).

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