Analyst Rating Update on Charter Communications (CHTR)

Charter Communications (CHTR) : Zacks Investment Research ranks Charter Communications (CHTR) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.65, which indicates as a Buy.

Charter Communications (CHTR) : Average target price received by Charter Communications (CHTR) is $264.36 with an expected standard deviation of $24.07. The most aggressive target on the stock is $285, whereas the most downbeat target is $230. 9 financial analysts are currently covering the stock.

For this week, the average consensus of the company shares are rated as a Strong Buy.


Charter Communications (NASDAQ:CHTR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $235.75 and $234.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $237.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $237.11, notching a gain of 0.56% for the day. The total traded volume was 949,507 . The stock had closed at $235.79 on the previous day.

Charter Communications, Inc. (Charter) is a provider of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers. The Company sells its video, Internet and voice services primarily on a subscription basis, often in a bundle of two or more services. The Company provides broadband communications solutions to business and carrier organizations, such as video entertainment services, Internet access, business telephone services, data networking and fiber connectivity to cellular towers and office buildings. Through its hybrid fiber and coaxial cable network, the Company offers its customers traditional cable video services, as well as advanced video services, Internet services and voice services. The Companys voice services are primarily provided using voice over Internet protocol (VoIP) technology, to transmit digital voice signals over the Companys systems.

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