Clear Channel Outdoor (CCO) Earns Daily Media Sentiment Rating of 0.15
Press coverage about Clear Channel Outdoor (NYSE:CCO) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Clear Channel Outdoor earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 45.154447147594 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Brokerages Expect Clear Channel Outdoor Holdings, Inc. (CCO) Will Post Earnings of $0.05 Per Share (americanbankingnews.com)
- Clear Channel Outdoor (CCO) Receives Sell Rating from Scotiabank (americanbankingnews.com)
- BRIEF-Clear Channel Outdoor Holdings – Co And Iheartcommunications Amended Revolving Promissory Note (reuters.com)
- Analysts Issue Forecasts for Clear Channel Outdoor Holdings, Inc.’s Q2 2018 Earnings (CCO) (americanbankingnews.com)
Shares of Clear Channel Outdoor (NYSE CCO) opened at $4.40 on Thursday. The company has a market capitalization of $1,601.53, a price-to-earnings ratio of 220.00 and a beta of 1.69. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of -4.10. Clear Channel Outdoor has a 12-month low of $3.35 and a 12-month high of $6.35.
CCO has been the subject of several research reports. Zacks Investment Research lowered Clear Channel Outdoor from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. ValuEngine raised Clear Channel Outdoor from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Scotiabank reissued a “sell” rating and set a $12.00 price objective on shares of Clear Channel Outdoor in a research note on Monday. Finally, Loop Capital reduced their price objective on Clear Channel Outdoor from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. Clear Channel Outdoor currently has an average rating of “Hold” and a consensus price target of $6.94.
Clear Channel Outdoor Company Profile
Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. Its segments include Americas outdoor advertising (Americas) and International outdoor advertising (International).
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