OUTFRONT Media (NYSE:OUT) Given Outperform Rating at Barrington Research

OUTFRONT Media (NYSE:OUT)‘s stock had its “outperform” rating reissued by stock analysts at Barrington Research in a research note issued on Friday, Benzinga reports. They presently have a $17.00 price objective on the financial services provider’s stock. Barrington Research’s price target indicates a potential upside of 12.66% from the company’s previous close.

Several other brokerages have also recently weighed in on OUT. StockNews.com upgraded shares of OUTFRONT Media from a “sell” rating to a “hold” rating in a research note on Friday, February 23rd. TheStreet raised shares of OUTFRONT Media from a “d+” rating to a “c-” rating in a research report on Tuesday, March 5th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, OUTFRONT Media has a consensus rating of “Hold” and a consensus price target of $14.75.

OUTFRONT Media Price Performance

OUT stock opened at $15.09 on Friday. The business’s 50-day moving average is $15.75 and its two-hundred day moving average is $13.75. The company has a debt-to-equity ratio of 4.39, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $2.50 billion, a P/E ratio of -5.67, a P/E/G ratio of 1.04 and a beta of 1.87. OUTFRONT Media has a 1 year low of $8.18 and a 1 year high of $17.02.

Institutional Trading of OUTFRONT Media

Several institutional investors have recently modified their holdings of the stock. Spire Wealth Management purchased a new position in shares of OUTFRONT Media in the 4th quarter valued at $28,000. Versant Capital Management Inc boosted its stake in OUTFRONT Media by 1,369.2% in the fourth quarter. Versant Capital Management Inc now owns 2,336 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 2,177 shares in the last quarter. Riverview Trust Co purchased a new position in shares of OUTFRONT Media during the first quarter worth about $33,000. Allworth Financial LP increased its position in shares of OUTFRONT Media by 52.7% during the fourth quarter. Allworth Financial LP now owns 2,534 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 874 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of OUTFRONT Media by 55.7% during the third quarter. Fifth Third Bancorp now owns 4,326 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 1,547 shares in the last quarter.

OUTFRONT Media Company Profile

OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.