Outfront Media (OUT) Receives a Buy from Barrington

In a report released today, James Goss from Barrington reiterated a Buy rating on Outfront Media (OUTResearch Report), with a price target of $24.00. The company’s shares opened today at $17.32.

According to TipRanks, Goss is an analyst with an average return of -6.8% and a 35.47% success rate. Goss covers the Services sector, focusing on stocks such as AMC Entertainment, Clear Channel Outdoor, and Cumulus Media.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Outfront Media with a $25.33 average price target, representing a 46.25% upside. In a report released on November 4, J.P. Morgan also maintained a Buy rating on the stock with a $25.00 price target.

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The company has a one-year high of $28.44 and a one-year low of $14.97. Currently, Outfront Media has an average volume of 2.51M.

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OUTFRONT Media, Inc. engages in the business of providing leasing services of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. It operates through the following segments: U. S. Billboard and Transit; International; and Sports Marketing. The company was founded on June 20, 2013 and is headquartered in New York, NY.

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