CommScope, Inc. (NASDAQ:COMM) has coverage initiated with a Buy rating and $40.00 price target

ME Staff
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Analyst Ratings For CommScope, Inc. (NASDAQ:COMM)

Today, Deutsche Bank initiated coverage on CommScope, Inc. (NASDAQ:COMM) with a Buy with a price target of $40.00.

There are 7 Hold Ratings, 6 Buy Ratings, 1 Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on CommScope, Inc. (NASDAQ:COMM) is Buy with a consensus target price of $30.1833 per share, a potential 16.09% upside.

Some recent analyst ratings include

  • 4/12/2019-CommScope, Inc. (NASDAQ:COMM) has coverage initiated with a Buy rating and $40.00 price target
  • 4/3/2019-CommScope, Inc. (NASDAQ:COMM) gets upgraded to Strong-Buy by Raymond James with a price target of $32.00
  • 4/2/2019-CommScope, Inc. (NASDAQ:COMM) gets upgraded to Outperform by Credit Suisse Group with a price target of $34.00
  • 2/22/2019-CommScope, Inc. (NASDAQ:COMM) had its Hold rating reiterated by Rosenblatt Securities with a $24.00 price target
  • 12/2/2018-CommScope, Inc. (NASDAQ:COMM) gets upgraded to Buy by Jefferies Financial Group with a price target of $18.20
  • 11/13/2018-CommScope, Inc. (NASDAQ:COMM) gets downgraded to Hold by Bank of America with a price target of $23.00
  • On 3/6/2019 Peter U. Karlsson, SVP, sold 6,517 with an average share price of $22.63 per share and the total transaction amounting to $147,479.71.
  • On 3/4/2019 Frank M Drendel, Director, sold 280,143 with an average share price of $23.61 per share and the total transaction amounting to $6,614,176.23.
  • On 2/25/2019 Alexander W. Pease, CFO, bought 75 with an average share price of $22.94 per share and the total transaction amounting to $1,720.50.
  • On 11/15/2018 Alexander W. Pease, CFO, bought 40,000 with an average share price of $18.70 per share and the total transaction amounting to $748,000.00.
  • On 11/14/2018 Frank B Wyatt II, SVP, bought 7,500 with an average share price of $18.80 per share and the total transaction amounting to $141,000.00.
  • On 11/13/2018 Claudius E Iv Watts, Director, bought 25,000 with an average share price of $19.00 per share and the total transaction amounting to $475,000.00.
  • On 11/12/2018 Robert W. Granow, SVP, bought 4,000 with an average share price of $19.60 per share and the total transaction amounting to $78,400.00.

About CommScope, Inc. (NASDAQ:COMM)
CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity, complete cabling systems, and cable assemblies for use in offices and data centers. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators. Its CommScope Mobility Solutions segment offers macro cell site solutions for wireless tower sites and on rooftops, such as base station antennas, microwave antennas, hybrid fiber-feeder and power cables, coaxial cables, connectors, and filters; metro cell solutions for street poles and other urban structures comprising radio frequency delivery and connectivity solutions, equipment housing, and concealment; and small cell and distributed antenna system (DAS) solutions consisting of DAS and distributed cell solutions that allow wireless operators to enhance efficiency, and cellular coverage and capacity in network conditions. This segment provides its solutions under the Andrew brand. CommScope Holding Company, Inc. sells its products through a network of distributors, system integrators, and resellers. The company was formerly known as Cedar I Holding Company, Inc. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.

Recent Trading Activity for CommScope, Inc. (NASDAQ:COMM)
Shares of CommScope, Inc. closed the previous trading session at 26,01 +0,66 2,60 % with 25.5 shares trading hands.