Charter Communications (CHTR) : The consensus on Charter Communications (CHTR) based on 11 analyst recommendation on the company stock is 1.77, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Charter Communications (CHTR) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $285 and the lowest price target forecast is $230. The average forecast of all the analysts is $264.36 and the expected standard deviation is $24.07.
Charter Communications (NASDAQ:CHTR): The stock opened at $239.52 on Tuesday but the bulls could not build on the opening and the stock topped out at $241.48 for the day. The stock traded down to $237.79 during the day, due to lack of any buying support eventually closed down at $238.45 with a loss of -0.59% for the day. The stock had closed at $239.87 on the previous day. The total traded volume was 1,532,742 shares.
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.