KeyBanc Now Covering Altice USA (ATUS) With $25 Target

May 17, 2018 - By Ann Prendergast

Why Has KeyBanc Given Altice USA (ATUS) a $25 Price Target

In a report shared with investors today, KeyBanc analysts began Altice USA (ATUS) coverage with Overweight rating, and a $25 PT.

Altice USA, Inc. (NYSE:ATUS) Ratings Coverage

Among 9 analysts covering Altice USA (ATUS), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Altice USA has $32 highest and $23.5 lowest target. $27.06’s average target is 28.86% above currents $21 stock price. Altice USA had 9 analyst reports since January 23, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan with “Overweight” on Tuesday, March 6. The company was upgraded on Tuesday, March 13 by Goldman Sachs. Citigroup maintained the shares of ATUS in report on Monday, April 30 with “Buy” rating. On Tuesday, January 23 the stock rating was upgraded by Barclays Capital to “Overweight”. The stock of Altice USA, Inc. (NYSE:ATUS) has “Buy” rating given on Monday, March 26 by Cowen & Co.

The stock increased 3.81% or $0.77 during the last trading session, reaching $21. About 5.81M shares traded or 191.64% up from the average. Altice USA, Inc. (ATUS) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Altice USA, Inc. (NYSE:ATUS) to report earnings on July, 26. They expect $-0.08 earnings per share, up 52.94 % or $0.09 from last year’s $-0.17 per share. After $-0.16 actual earnings per share reported by Altice USA, Inc. for the previous quarter, Wall Street now forecasts -50.00 % EPS growth.

Altice USA, Inc., together with its subsidiaries, operates as a broadband communications and video services well-known provider in the United States. The company has market cap of $15.48 billion. It operates through Cablevision and Cequel divisions. It has a 9.63 P/E ratio. The firm delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers.

More recent Altice USA, Inc. (NYSE:ATUS) news were published by: Benzinga.com which released: “Maddie Schrage” on May 17, 2018. Also Benzinga.com published the news titled: “No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks” on May 17, 2018. Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” with publication date: May 17, 2018 was also an interesting one.

Altice USA, Inc. (NYSE:ATUS) Ratings Chart

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