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Outfront Media Inc (OUT) Stock: Do Analysts Think You Should Buy?

Tuesday, October 24, 2023 01:37 PM | InvestorsObserver Analysts

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Outfront Media Inc (OUT) Stock: Do Analysts Think You Should Buy?

InvestorsObserver is giving Outfront Media Inc (OUT) an Analyst Rating Rank of 30, meaning OUT is ranked higher by analysts than 30% of stocks. The average price target for OUT is $14.5 and analyst’s rate the stock as a Buy.

Overall Score - 3.8
Wall Street analysts are rating OUT a Buy today. Find out what this means to you and get the rest of the rankings on OUT!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Outfront Media Inc Stock Today?

Outfront Media Inc (OUT) stock is trading at $9.78 as of 1:34 PM on Tuesday, Oct 24, an increase of $0.36, or 3.82% from the previous closing price of $9.42. The stock has traded between $9.49 and $10.03 so far today. Volume today is 3,170,954 compared to average volume of 3,711,529. Click Here to get the full Stock Report for Outfront Media Inc stock.

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