Shares of Radius Global Infrastructure, Inc. (NASDAQ:RADI – Get Rating) have earned an average rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $15.40.
Several equities analysts have recently weighed in on RADI shares. Raymond James downgraded Radius Global Infrastructure from a “strong-buy” rating to an “underperform” rating in a research report on Friday, March 3rd. Royal Bank of Canada started coverage on shares of Radius Global Infrastructure in a research note on Friday, December 16th. They set a “sector perform” rating and a $13.00 price objective for the company. Credit Suisse Group downgraded shares of Radius Global Infrastructure from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $18.00 to $15.00 in a report on Friday, March 3rd. BNP Paribas began coverage on shares of Radius Global Infrastructure in a report on Wednesday, December 14th. They set an “outperform” rating and a $17.00 price target on the stock. Finally, Jefferies Financial Group cut shares of Radius Global Infrastructure from a “buy” rating to a “hold” rating and increased their target price for the company from $14.00 to $15.00 in a research report on Monday.
Hedge Funds Weigh In On Radius Global Infrastructure
Several large investors have recently made changes to their positions in RADI. Nisa Investment Advisors LLC purchased a new stake in Radius Global Infrastructure in the 2nd quarter worth approximately $26,000. Point72 Hong Kong Ltd bought a new stake in Radius Global Infrastructure in the third quarter worth $30,000. CWM LLC boosted its holdings in Radius Global Infrastructure by 3,601.0% in the fourth quarter. CWM LLC now owns 3,701 shares of the company’s stock worth $44,000 after purchasing an additional 3,601 shares in the last quarter. Amundi bought a new stake in Radius Global Infrastructure during the fourth quarter valued at about $73,000. Finally, Ameritas Investment Partners Inc. boosted its holdings in Radius Global Infrastructure by 23.5% during the first quarter. Ameritas Investment Partners Inc. now owns 5,581 shares of the company’s stock valued at $80,000 after acquiring an additional 1,061 shares during the period. Institutional investors own 94.50% of the company’s stock.
Radius Global Infrastructure Price Performance
About Radius Global Infrastructure
Radius Global Infrastructure, Inc, together with its subsidiaries, engages in the acquisition and rental of telecom real property interests and contractual rights. The company leases wireless towers or antennae, and other communications infrastructure. As of December 31, 2021, it had interests in 8,506 leases situated on 8,186 communications sites located in the United States and 19 other countries.
Featured Stories
- Get a free copy of the StockNews.com research report on Radius Global Infrastructure (RADI)
- META Platforms May See its Biggest Opening Yet for New Highs
- Penny Stock Vinco Ventures Could Be Big Winner
- Is Chip Design Specialist Synopsys A Gem Hiding In Plain Sight?
- Should You Park Some Capital with Casey’s General Stores?
- Crowdstrike Stock: While The Iron Is Hot!
Receive News & Ratings for Radius Global Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radius Global Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
