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Analysts Give Crown Castle Stock Mostly ‘Buy’ Ratings in 2018

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Feb. 12 2018, Updated 7:31 a.m. ET

Analyst ratings

Crown Castle’s (CCI) 2018 performance expectations have been reflected in its analyst ratings. Of the 21 analysts covering the stock in January 2018, 13 have recommended “buy” or “strong buy” (as was the case in December 2017), and eight have recommended “hold.” Analysts have given Crown Castle a mean price target of $116.89, implying a ~6% rise from its current price of $110.63. It has a market capitalization of ~$45.9 billion.

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Peer ratings

Of the 23 analysts covering peer American Tower (AMT), 22 recommended “buy” or “strong buy” and one recommended “hold.” Whereas the target price for American Tower is $163.18, its current price is $145.13. Of the 21 analysts covering SBA Communications (SBAC), 15 recommended “buy” or “strong buy” and six recommended “hold.” Its target price is $177.76, and its current price is $172.28.

Of the 32 analysts covering Verizon Communications (VZ), nine recommended “buy” or “strong buy” and 23 recommended “hold.” The stock’s target price is $55.88, and its current price is $54.72. Investors seeking exposure to wireless real estate could consider REIT ETFs. Together, American Tower and Crown Castle make up 14% of the PowerShares Active US Real Estate ETF (PSR).

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