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Analysts Offer Insights on Real Estate Companies: New World Development (OtherNWWDF) and Crown Castle (CCI)

Tipranks - Fri Jan 9, 6:24PM CST

Analysts have been eager to weigh in on the Real Estate sector with new ratings on New World Development (NWWDFResearch Report) and Crown Castle (CCIResearch Report).

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New World Development (NWWDF)

Morgan Stanley analyst Praveen Choudhary maintained a Sell rating on New World Development on January 5 and set a price target of HK$6.50. The company’s shares closed last Tuesday at $0.94.

Choudhary has an average return of 2.1% when recommending New World Development. ;'>

According to TipRanks.com, Choudhary is ranked #5211 out of 10401 analysts.

Currently, the analyst consensus on New World Development is a Moderate Sell with an average price target of $0.83.

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Crown Castle (CCI)

In a report released yesterday, Michael Funk from Bank of America Securities maintained a Buy rating on Crown Castle. The company’s shares closed last Thursday at $84.52, close to its 52-week low of $84.20.

According to TipRanks.com, Funk is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.0% and a 32.9% success rate. Funk covers the Technology sector, focusing on stocks such as AST SpaceMobile, RingCentral, and NICE. ;'>

Crown Castle has an analyst consensus of Moderate Buy, with a price target consensus of $108.33.

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