Worth Watching: Is Outfront Media Inc’s Fuel For Real? The Stock Just Increased Again

Worth Watching: Is Outfront Media Inc's Fuel For Real? The Stock Just Increased Again

The stock of Outfront Media Inc (NYSE:OUT) is a huge mover today! About 268,797 shares traded hands. Outfront Media Inc (NYSE:OUT) has risen 0.67% since April 5, 2016 and is uptrending. It has underperformed by 1.29% the S&P500.
The move comes after 5 months positive chart setup for the $3.32 billion company. It was reported on Nov, 8 by Barchart.com. We have $32.65 PT which if reached, will make NYSE:OUT worth $1.33B more.

Outfront Media Inc (NYSE:OUT) Ratings Coverage

Out of 5 analysts covering Outfront Media Inc (NYSE:OUT), 1 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 20% are positive. Outfront Media Inc has been the topic of 5 analyst reports since August 18, 2015 according to StockzIntelligence Inc. As per Tuesday, September 13, the company rating was initiated by Loop Capital. The stock of Outfront Media Inc (NYSE:OUT) earned “Buy” rating by Goldman Sachs on Monday, October 5. The stock has “Neutral” rating given by Wedbush on Friday, July 22. Gabelli initiated Outfront Media Inc (NYSE:OUT) on Friday, July 22 with “Hold” rating. As per Tuesday, August 18, the company rating was downgraded by Wells Fargo.

According to Zacks Investment Research, “Outfront Media, Inc. is a lessor of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The Company’s portfolio primarily consists of billboard displays. It provides other value-added services to its customers, such as pre-campaign category research, creative design support and post-campaign tracking and analytics. The Company’s media products also include bulletins and wallscapes, spectaculars, digital billboards, buses and street furniture. It serves a range of customers that includes consumer-focused companies in the entertainment, retail, healthcare, telecom, restaurant, financial services, travel and leisure and automotive industries. Outfront Media Inc., formerly known as CBS Outdoor Americas Inc., is headquartered in New York.”

More important recent Outfront Media Inc (NYSE:OUT) news were published by: Prnewswire.com which released: “OUTFRONT Media Awarded Advertising Rights By The Massachusetts Bay …” on September 20, 2016, also Prnewswire.com published article titled: “OUTFRONT Media Expands On Washington Metropolitan Area Transit Authority …”, Prnewswire.com published: “OUTFRONT Media Hires Joel Melby As Chief Technology Officer To Strengthen Its …” on October 11, 2016. More interesting news about Outfront Media Inc (NYSE:OUT) was released by: Prnewswire.com and their article: “Cinema Scene Marketing Uses OUTFRONT Media’s On Smart Media Technology To …” with publication date: September 27, 2016.

OUT Company Profile

OUTFRONT Media Inc., formerly CBS Outdoor Americas Inc., incorporated on December 30, 2013, is a well-known provider of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The Company’s inventory consists of billboard displays and transit advertising displays. The Firm operates through two divisions: United States and International. The United States segment includes the Company’s activities in the United States. The International segment includes the Company’s activities in Canada and Latin America, including Mexico, Argentina, Brazil, Chile and Uruguay. Along with leasing displays, the Company provides other services to customers, such as pre-campaign category research, consumer insights, creative design support, vinyl production, and post-campaign tracking and analytics. The Company’s locations portfolio includes sites, such as the Bay Bridge in San Francisco, various locations along Sunset Boulevard in Los Angeles, and various sites in and around both Grand Central Station and Times Square in New York.

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