Clear Channel Outdoor’s (CCO) Outperform Rating Reiterated at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Clear Channel Outdoor (NYSE:CCO) in a research report released on Monday morning,Benzinga reports. Barrington Research currently has a $2.50 price objective on the business services provider’s stock. Barrington Research also issued estimates for Clear Channel Outdoor’s Q2 2026 earnings at ($0.01) EPS.

Separately, TD Cowen decreased their target price on Clear Channel Outdoor from $2.60 to $2.40 and set a “buy” rating for the company in a research report on Friday, November 1st.

Clear Channel Outdoor Stock Down 2.7 %

Shares of Clear Channel Outdoor stock opened at $1.29 on Monday. The stock has a market cap of $628.47 million, a PE ratio of -4.43 and a beta of 3.03. The business has a fifty day simple moving average of $1.40 and a 200-day simple moving average of $1.50. Clear Channel Outdoor has a 12 month low of $1.27 and a 12 month high of $2.03.

Institutional Trading of Clear Channel Outdoor

Hedge funds and other institutional investors have recently modified their holdings of the company. Crewe Advisors LLC purchased a new stake in shares of Clear Channel Outdoor during the third quarter worth $32,000. Ground Swell Capital LLC purchased a new stake in shares of Clear Channel Outdoor during the third quarter worth $34,000. Graham Capital Management L.P. purchased a new stake in shares of Clear Channel Outdoor during the fourth quarter worth $36,000. Cibc World Markets Corp purchased a new stake in shares of Clear Channel Outdoor during the fourth quarter worth $45,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of Clear Channel Outdoor during the fourth quarter worth $53,000. 85.52% of the stock is currently owned by hedge funds and other institutional investors.

Clear Channel Outdoor Company Profile

Clear Channel Outdoor Holdings, Inc operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, and Other segments. The company provides advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, news racks, and other public structures; transit displays for rail stations and on various types of vehicles; retail displays; and airport advertising displays.