Wednesday, 7 October 2015

Tai buys SBAC 105.39: While SBA Communications Corporation shareholders have fared best during the past five years, the wireless tower sector has vastly outperformed the RMZ.

As more REIT investors become familiar with the wireless tower sector, this could create additional demand for Crown Castle International Corp shares. Flannery raised his SBA Communications Corporation target price by over 16 percent to $151 per share. Additionally, it manages and owns towers in Central America Canada, and South America. Its other business line is its website development company, through which it assists wireless service providers in developing and keeping their particular wireless service networks. Additionally, it managed or rent about 5,000 real or possible towers.


Cheryll:
The Company operated through two segments, specifically site leasing and site development.

Polly:
SBA Communications Corporation is an independent owner and operator of rooftops, wireless communications tower constructions as well as other structures that support antennas taken for wireless communications.

Gisela:
SBA Communications (NASDAQ:SBAC) last issued its earnings results on Wednesday, July 29th.

Devona:
They set a buy rating and a $147.00 target price for the company.

Mamie:
Barclays reaffirmed an overweight rating and issued a $136.00 price target on shares of SBA Communications in a research note on Thursday, July 2nd.

Kattie:
Several other research analysts also recently issued reports on SBAC.

Aimee:
Canaccord Genuity currently has a $137.00 price objective on the stock.

Berenice:
On average, equities research analysts forecast that SBA Communications will post ($0.26) EPS for the current year.

Shiela:
Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Cristine:
BTIG Research initiated coverage on SBA Communications in a report on Thursday, June 18th.

SBA Communications Corp. (NASDAQ:SBAC)
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