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Analysts Offer Insights on Real Estate Companies: Cellnex Telecom SA (OtherCLNXF) and SBA Communications (SBAC)

Tipranks - Fri May 1, 3:56AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Cellnex Telecom SA (CLNXF) and SBA Communications (SBAC) with bullish sentiments.

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Cellnex Telecom SA (CLNXF)

In a report released today, Ondrej Cabejsek from UBS maintained a Buy rating on Cellnex Telecom SA, with a price target of EUR43.50. The company’s shares closed last Tuesday at $33.52.

According to TipRanks.com, Cabejsek is ranked #2672 out of 12214 analysts.

Cellnex Telecom SA has an analyst consensus of Moderate Buy, with a price target consensus of $43.44, which is a 29.6% upside from current levels. In a report issued on April 20, Berenberg Bank also maintained a Buy rating on the stock with a EUR38.00 price target.

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SBA Communications (SBAC)

In a report released today, Michael Elias from TD Cowen maintained a Buy rating on SBA Communications, with a price target of $225.00. The company’s shares closed last Wednesday at $215.97.

According to TipRanks.com, Elias is a 5-star analyst with an average return of 22.1% and a 57.7% success rate. Elias covers the NA sector, focusing on stocks such as Digital Realty, American Tower, and IHS Holding. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SBA Communications with a $226.15 average price target, representing a 3.9% upside. In a report issued on April 22, Truist Financial also upgraded the stock to Buy with a $247.00 price target.

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