Comm price target
8/9/2024 08:48am
The average price target for CommScope Holding (COMM) is $1.69, with a high estimate of $2.50 and a low estimate of $1.00. This represents a significant downside from the last price of $2.79, with a potential change of -39.43%.
1. **Analyst Ratings**: The stock has received 0 Buy Ratings, 7 Hold Ratings, and 3 Sell Ratings. The consensus among analysts is to hold the stock, with a Zacks Rank of 3 indicating a Hold rating.
2. **Price Target Breakdown**: The highest price target is $2.50, the average is $1.69, and the lowest is $1.00. This suggests a wide range of opinions among analysts, with some seeing potential for a higher price and others predicting a lower outcome.
3. **Recent Performance**: The stock has experienced a significant decline from its last price of $2.79, which could be indicative of market sentiment or company-specific factors.
In conclusion, the average price target for CommScope Holding is $1.69, with a high estimate of $2.50 and a low estimate of $1.00. The stock is currently rated as a Hold by analysts, and the predicted price represents a substantial decrease from the recent price.