Short Term Rating on Cincinnati Bell Inc (CBB)

Cincinnati Bell Inc (CBB) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 6 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 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) : The highest level Cincinnati Bell Inc (CBB) is projected to reach is $4 for the short term and the lowest estimate is at $3. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $3.63 and the possibility the share price can swing is $0.53.

Company shares have received an average consensus rating of Hold for the current week


Cincinnati Bell Inc (NYSE:CBB): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.66 and $4.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.87, notching a gain of 1.04% for the day. The total traded volume was 1,062,855 . The stock had closed at $4.82 on the previous day.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.