Cincinnati Bell Inc (NYSE:CBB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.67 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Cincinnati Bell Inc (NYSE:CBB) should head towards $3.63 per share according to 2 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $3 per share. The higher price estimate target is at $4 according to the Analysts.
Cincinnati Bell Inc (NYSE:CBB) rose 1.8% or 0.08 points on Tuesday and made its way into the gainers of the day. After trading began at $4.42 the stock was seen hitting $4.53 as a peak level and $4.4 as the lowest level. The stock ended up at $4.53. The daily volume was measured at 878,670 shares. The 52-week high of the share price is $4.53 and the 52-week low is $2.8. The company has a market cap of $952 million.
Shares of Cincinnati Bell Inc. rose by 13.82% in the last five trading days and 23.77% for the last 4 weeks. Cincinnati Bell Inc. is up 22.43% in the last 3-month period. Year-to-Date the stock performance stands at 25.83%.
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.