Impact of Brokerage Rating on CommScope Holding Company, Inc.(COMM)

Many CommScope Holding Company, Inc.(COMM) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Commscope Holding Company Inc was Downgraded by Raymond James to Mkt Perform on Jan 17, 2017. Commscope Holding Company Inc was Initiated by Citigroup to Buy on Dec 20, 2016.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Peter U Karlsson (SVP of CommScope, Inc.) sold 7,796 shares at 38.04 per share price.On Feb 2, 2017, Frank M Drendel (director) sold 15,000 shares at 37.77 per share price.On Jan 6, 2017, Randall W Crenshaw (EVP and COO) sold 25,000 shares at 37.09 per share price.

Commscope Holding Company Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.72. The company had revenue of $1293.90 million for the quarter, compared to analysts expectations of $1290.90 million. The companys revenue was up 33.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

CommScope Holding Company, Inc. (NASDAQ:COMM) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.55 by 11 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

CommScope Holding Company, Inc. (NASDAQ:COMM): The mean estimate for the short term price target for CommScope Holding Company, Inc. (NASDAQ:COMM) stands at $38 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $45 while the lower price target estimate is at $29.

CommScope Holding Company, Inc. (NASDAQ:COMM) rose 0.28% or 0.11 points on Tuesday and made its way into the gainers of the day. After trading began at $38.75 the stock was seen hitting $39.12 as a peak level and $38.63 as the lowest level. The stock ended up at $38.86. The daily volume was measured at 967,047 shares. The 52-week high of the share price is $39.12 and the 52-week low is $20.54. The company has a market cap of $7,497 million.

CommScope Holding Inc. is a premier network infrastructure provider. The Company, through its subsidiaries, provides end-to-end solutions connecting technology and wireless and wired networks. It operates in three segments: Wireless, Enterprise, and Broadband. CommScope Holding Company, Inc. is headquartered in Hickory, North Carolina.

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