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

Several analysts have commented on the company. Zacks Investment Research cut Clear Channel Outdoor Holdings from a “buy” rating to a “hold” rating in a report on Friday. Wedbush lifted their price target on Clear Channel Outdoor Holdings from $4.00 to $6.00 and gave the company a “neutral” rating in a report on Thursday, May 5th. Evercore ISI lowered their price target on Clear Channel Outdoor Holdings from $5.00 to $4.00 in a report on Wednesday, April 6th. Finally, TheStreet upgraded Clear Channel Outdoor Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $4.88.

The firm’s 50-day moving average is $6.41 and its 200-day moving average is $5.18. The stock has a market cap of $2.42 billion and a price-to-earnings ratio of 31.85.

Other hedge funds have recently made changes to their positions in the company. Gabelli Funds LLC raised 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 increased its stake in shares of 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 in the last quarter. Finally, BBT Capital Management LLC increased its stake in shares of 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 in 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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