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Equities researchers at Goldman Sachs initiated coverage on shares of CBS Outdoor Americas (NASDAQ:CBSO) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $34.00 price target on the stock. Goldman Sachs’ target price points to a potential upside of 3.94% from the company’s current price.

CBS Outdoor Americas (NASDAQ:CBSO) traded down 0.12% during mid-day trading on Wednesday, hitting $32.71. The stock had a trading volume of 716,195 shares. CBS Outdoor Americas has a one year low of $27.88 and a one year high of $33.14. The stock’s 50-day moving average is $30.29 and its 200-day moving average is $30.27. The company has a market cap of $3.925 billion and a P/E ratio of 51.74.

CBS Outdoor Americas (NASDAQ:CBSO) last announced its earnings results on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $287.90 million for the quarter, compared to the consensus estimate of $279.20 million. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts predict that CBS Outdoor Americas will post $0.95 earnings per share for the current fiscal year.

CBSO has been the subject of a number of other recent research reports. Analysts at Evercore Partners initiated coverage on shares of CBS Outdoor Americas in a research note on Wednesday, May 7th. They set an “equal weight” rating and a $33.00 price target on the stock. Separately, analysts at Wells Fargo & Co. initiated coverage on shares of CBS Outdoor Americas in a research note on Wednesday, May 7th. They set an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. initiated coverage on shares of CBS Outdoor Americas in a research note on Wednesday, May 7th. They set an “overweight” rating and a $35.00 price target on the stock. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $34.17.

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