Cincinnati Bell Inc (CBB) has an average broker rating of 3.17, which is interpreted as a Hold, as rated by 6 equity analysts. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 considers that the stock is a Sell.
Cincinnati Bell Inc (CBB) stock is expected to deviate a maximum of $1.24 from the average target price of $4.13 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $5 and the most muted being $3.
Company shares have received an average consensus rating of Hold for the current week Cincinnati Bell Inc (NYSE:CBB): The stock opened at $4.73 on Thursday but the bulls could not build on the opening and the stock topped out at $4.76 for the day. The stock traded down to $4.64 during the day, due to lack of any buying support eventually closed down at $4.66 with a loss of -1.48% for the day. The stock had closed at $4.73 on the previous day. The total traded volume was 864,683 shares.
In a related news, Fox Leigh R., CFO of Cincinnati Bell Inc, had purchased 3,212 shares on February 22, 2016. The total value of the transaction was $9,861. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Cincinnati Bell Inc., along with its consolidated subsidiaries, is a provider of integrated communications solutions in the Greater Cincinnati area. The Company has operations within three segments: Wireline, IT Services and Hardware, and Wireless. The Wireline segment provides products and services, such as data transport, high-speed internet, entertainment, local voice, long distance, VoIP, and other services. The IT Services and Hardware segment provides managed IT solutions, including managed infrastructure services, IT and telephony equipment sales, and professional IT staffing services. Cincinnati Bell Wireless LLC provides digital wireless voice and data communications services through the operation of a Global System for Mobile Communications/General Packet Radio Service network with a 3G Universal Mobile Telecommunications System and 4G High Speed Packet Access+ network overlay, which is able to provide high-speed data services, such as streaming video.