How Will Altice Usa Inc (ATUS) Stock React To New Rating Coverage byKeyBanc?

May 18, 2018 - By Duane Lopez

Why Has KeyBanc Given Altice Usa Inc (ATUS) a $25.0000 Price Target

In an analyst report revealed to clients on Wednesday morning, KeyBanc analyst has today has initiated coverage for Altice Usa Inc (ATUS) shares with a Buy rating. The target is set to $25.0000.

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. On Monday, April 30 the stock rating was maintained by Citigroup with “Buy”. The company was upgraded on Tuesday, March 13 by Goldman Sachs. The firm has “Overweight” rating given on Tuesday, January 23 by Barclays Capital. The stock of Altice USA, Inc. (NYSE:ATUS) earned “Buy” rating by Cowen & Co on Monday, March 26. On Tuesday, March 6 the stock rating was maintained by JP Morgan with “Overweight”.

The stock increased 3.81% or $0.77 during the last trading session, reaching $21. About 5.81M shares traded or 191.66% up from the average. Altice USA, Inc. (ATUS) has 0.00% since May 18, 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 important recent Altice USA, Inc. (NYSE:ATUS) news were published by: Benzinga.com which released: “No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks” on May 17, 2018, also Seekingalpha.com published article titled: “Net neutrality comes to an end”, Benzinga.com published: “Maddie Schrage” on May 17, 2018. More interesting news about Altice USA, Inc. (NYSE:ATUS) was released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” with publication date: May 17, 2018.

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

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