RBC Capital analyst Jonathan Atkin maintained a Buy rating on SBA Communications yesterday and set a price target of $210.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Atkin is a 5-star analyst with an average return of 9.8% and a 63.18% success rate. Atkin covers the Real Estate sector, focusing on stocks such as American Tower, Crown Castle, and SBA Communications.
SBA Communications has an analyst consensus of Moderate Buy, with a price target consensus of $223.67.
Based on SBA Communications’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $703.44 million and a net profit of $184.83 million. In comparison, last year the company earned a revenue of $664.25 million and had a net profit of $220.73 million
