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Lamar, Outfront Media higher after initiations at Imperial

About: Lamar Advertising Company (LAMR)
By: , SA News Editor

 

An update on outdoor advertising from Imperial sees stock for both Lamar Advertising (NASDAQ:LAMR) and Outfront Media (NYSE:OUT) higher today.

Lamar is up 1.1% after being started at Outperform by the firm. It has a price target of $93, implying 19% upside from current pricing.

What price target have analysts set for LAMR?

5 analysts have issued 12-month price targets for Lamar Advertising’s stock. Their forecasts range from $69.00 to $93.00. On average, they anticipate Lamar Advertising’s stock price to reach $76.80 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Lamar Advertising.

What is the consensus analysts’ recommendation for Lamar Advertising?

5 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Lamar Advertising in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of “Hold.” View Analyst Ratings for Lamar Advertising.

 

 

 

Outfront, meanwhile, is also up 1.1% after an initiation at In-Line. Imperial set a price target of $22, which implies 8.9% upside from current.

What price target have analysts set for OUT?

4 Wall Street analysts have issued twelve-month price targets for Outfront Media’s stock. Their forecasts range from $22.00 to $28.00. On average, they anticipate Outfront Media’s share price to reach $24.20 in the next year. This suggests a possible upside of 20.2% from the stock’s current price. View Analyst Price Targets for Outfront Media.

What is the consensus analysts’ recommendation for Outfront Media?

4 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Outfront Media in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of “Buy.”   View Analyst Ratings for Outfront Media.

 

 

 

 

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