Wells Fargo & Company Lowers Boston Omaha (NYSE:BOC) Price Target to $33.00

Boston Omaha (NYSE:BOCGet Rating) had its target price reduced by investment analysts at Wells Fargo & Company from $39.00 to $33.00 in a report released on Tuesday, The Fly reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 31.00% from the stock’s previous close.

Shares of NYSE BOC opened at $25.19 on Tuesday. The stock has a market capitalization of $748.09 million, a PE ratio of 12.66 and a beta of 0.35. The company has a debt-to-equity ratio of 0.06, a quick ratio of 7.23 and a current ratio of 7.23. Boston Omaha has a 1 year low of $23.17 and a 1 year high of $44.50.

Boston Omaha Company Profile (Get Rating)

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and investment businesses. The company provides high-speed internet service to approximately 7,000 subscribers in communities in southern Arizona; and 10,000 subscribers in Salt Lake City, Park City, Ogden, Provo, and surrounding communities.

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