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Crown Castle (CCI) Stock Forecast & Price Target

Crown Castle logo
$102.90 +0.14 (+0.14%)
(As of 11/14/2024 ET)

Crown Castle - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
12
Buy
3

Based on 15 Wall Street analysts who have issued ratings for Crown Castle in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 12 have given a hold rating, and 3 have given a buy rating for CCI.

Consensus Price Target

$116.87
13.57% Upside
According to the 15 analysts' twelve-month price targets for Crown Castle, the average price target is $116.87. The highest price target for CCI is $128.00, while the lowest price target for CCI is $105.00. The average price target represents a forecasted upside of 13.57% from the current price of $102.90.
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CCI Analyst Ratings Over Time

TypeCurrent Forecast
11/16/23 to 11/15/24
1 Month Ago
10/17/23 to 10/16/24
3 Months Ago
8/18/23 to 8/17/24
1 Year Ago
11/16/22 to 11/16/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
8 Buy rating(s)
Hold
12 Hold rating(s)
11 Hold rating(s)
11 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$116.87$115.67$113.53$126.00
Forecasted Upside13.57% Upside-0.10% Downside3.36% Upside20.99% Upside
Consensus Rating
Hold
Hold
Hold
Hold

CCI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CCI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Crown Castle Stock vs. The Competition

TypeCrown CastleFinance CompaniesS&P 500
Consensus Rating Score
2.20
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside13.57% Upside12.21% Upside8.88% Upside
News Sentiment Rating
Positive News

See Recent CCI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$116.00 ➝ $117.00+8.34%
10/28/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$104.00 ➝ $109.00-1.13%
10/18/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$100.00 ➝ $105.00-6.42%
10/17/2024Citigroup
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Michael Rollins
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Set Target$128.00+13.77%
10/17/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$103.00 ➝ $118.00+5.50%
10/17/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$123.00 ➝ $127.00+13.33%
10/17/2024TD Cowen
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 Lower TargetBuy ➝ Buy$127.00 ➝ $123.00+6.24%
9/26/2024The Goldman Sachs Group
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J. Schneider
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Boost TargetNeutral ➝ Neutral$105.00 ➝ $120.00+4.34%
9/23/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$115.00 ➝ $124.00+7.17%
8/13/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$110.00 ➝ $115.00+3.81%
7/23/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$103.00 ➝ $105.00-0.18%
7/18/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$105.00 ➝ $108.00+2.93%
6/14/2024Raymond James
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 Reiterated RatingOutperform ➝ Outperform$124.00 ➝ $126.00+28.13%
4/19/2024Argus
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 DowngradeBuy ➝ Hold
4/18/2024Scotiabank
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 Lower TargetSector Perform ➝ Sector Perform$133.00 ➝ $118.00+25.35%
12/14/2023HSBC
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 Initiated CoverageHold$110.00-5.80%
10/16/2023Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$151.00 ➝ $113.00+19.53%
3/30/2023Moffett Nathanson
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 UpgradeMarket Perform ➝ Outperform$161.00 ➝ $155.00+18.35%
1/27/2023Cowen
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 Boost TargetOutperform$149.00 ➝ $152.00+2.61%
1/13/2023Truist Financial
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 Lower TargetBuy$230.00 ➝ $175.00+15.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:35 AM ET.


Should I Buy Crown Castle Stock? CCI Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 31, 2024. Please send any questions or comments about these Crown Castle pros and cons to contact@marketbeat.com.

Crown Castle
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Crown Castle Inc.:

  • Crown Castle Inc. stock price has been steadily increasing, reaching $116.61 on the latest trading day, indicating positive momentum.
  • Crown Castle Inc. has a market capitalization of $50.68 billion, showcasing its strong position in the market.
  • Institutional investors and hedge funds own a significant portion (90.77%) of Crown Castle Inc.'s stock, indicating confidence from large financial entities.
  • Crown Castle Inc. has a relatively low debt-to-equity ratio of 4.04, which signifies a healthy financial structure.
  • The company's one-year high of $120.92 suggests potential for further growth in the stock price.

Crown Castle
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Crown Castle Inc. for these reasons:

  • Despite recent positive performance, Crown Castle Inc. stock traded down to $115.17 on the latest trading day, indicating some volatility.
  • The company's price-to-earnings ratio of 36.44 may be considered high by some investors, potentially impacting valuation.
  • Crown Castle Inc. has a beta of 0.85, which suggests the stock's price movements are less volatile than the market average, potentially limiting potential gains.
  • The quick ratio and current ratio of Crown Castle Inc. are both 0.43, indicating a lower liquidity position that may pose risks during economic downturns.
  • While institutional ownership is high, insider activity shows recent selling of company stock, which could raise concerns among investors.

CCI Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Crown Castle is $116.87, with a high forecast of $128.00 and a low forecast of $105.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crown Castle in the last twelve months. There are currently 12 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCI, but not buy additional shares or sell existing shares.

According to analysts, Crown Castle's stock has a predicted upside of 13.57% based on their 12-month stock forecasts.

Analysts like Crown Castle less than other "finance" companies. The consensus rating score for Crown Castle is 2.20 while the average consensus rating score for "finance" companies is 2.49. Learn more on how CCI compares to other companies.


This page (NYSE:CCI) was last updated on 11/15/2024 by MarketBeat.com Staff
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