Opinion on  Clear Channel Communications Inc. (CCU)     Sector: Services  >  Industry: Broadcasting & Cable TV
Clear Channel Communications Inc.

Analysts'  Recommendation:	Hold
30 Days Ago:	Hold
Analysts' Target:	$31

Analysts' Targets
Stanford Group Company	$36
Buy
Thursday, May 15, 2008
Lehman Brothers	$25
Overweight
Wednesday, March 26, 2008
RBC Capital Markets	$29
Outperform
Wednesday, March 26, 2008
BMO Capital Markets	$39
Outperform
Monday, February 04, 2008
C.L. King & Associates	$36
Underperform
Friday, February 01, 2008

Clear Channel Communications, Inc. operates as a diversified media company in the United States and internationally. The company’s Radio Broadcasting segment owns 717 core radio stations and 28 non-core radio stations that offer an assortment of programming formats, including adult contemporary, country, contemporary hit radio, rock, urban, and oldies to a total weekly listening base of approximately 93 million individuals in the United States. This segment also operates a national radio network that produces, distributes, or represents approximately 70 syndicated radio programs and services for approximately 5,000 radio stations; and owns various sports, news, and agriculture networks. Its Americas Outdoor Advertising segment owns or operates approximately 209,000 displays consisting of billboards, street furniture and transit displays, airport displays, mall displays, and wallscapes, and other spectaculars in the United States. The company’s International Outdoor Advertising segment owns or operates approximately 687,000 displays in approximately 50 countries, which consist of billboards, street furniture displays, transit displays, and other out-of-home advertising displays in Africa, Asia, Australia, and Europe. Clear Channel Communications, Inc. also involves in media representation business that sells spot advertising time for clients in the radio and television industries in the United States. The company was founded in 1972 and is headquartered in San Antonio, Texas.