CommScope Holding Company, Inc. (NASDAQ:COMM – Get Free Report) has received an average rating of “Reduce” from the five analysts that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $4.75.
COMM has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised shares of CommScope from an “underweight” rating to a “neutral” rating and set a $5.00 price objective on the stock in a research report on Tuesday, January 14th. StockNews.com raised shares of CommScope from a “hold” rating to a “buy” rating in a research report on Friday, February 28th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $7.00 price objective on shares of CommScope in a research report on Thursday, February 27th. Raymond James downgraded shares of CommScope from a “market perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Morgan Stanley downgraded shares of CommScope from an “equal weight” rating to an “underweight” rating and set a $5.00 price target on the stock. in a report on Tuesday, December 17th.
Read Our Latest Stock Report on COMM
Institutional Trading of CommScope
CommScope Stock Performance
Shares of COMM stock opened at $5.07 on Monday. CommScope has a one year low of $0.86 and a one year high of $7.19. The company’s 50-day moving average is $5.26 and its 200 day moving average is $5.41. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -1.15, a price-to-earnings-growth ratio of 0.41 and a beta of 1.89.
About CommScope
CommScope Holding Company, Inc provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments.
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