Will KeyBanc’s Latest Ratings Coverage Help Charter Communications (NASDAQ:CHTR)’s Share Price?

May 18, 2018 - By Harriett Tippett

Charter Communications, Inc. (NASDAQ:CHTR) Logo

Investors sentiment increased to 1 in 2017 Q4. Its up 0.75, from 0.25 in 2017Q3. It is positive, as 2 investors sold Charter Communications, Inc. shares while 1 reduced holdings. 0 funds opened positions while 3 raised stakes. 154,320 shares or 39.77% less from 256,223 shares in 2017Q3 were reported.

Eidelman Virant has 0.07% invested in Charter Communications, Inc. (NASDAQ:CHTR) for 350 shares. Selkirk Mgmt Llc holds 34,800 shares or 6.24% of its portfolio. Eqis Cap accumulated 0.03% or 1,650 shares. Covey Limited accumulated 6,272 shares. Cibc Ww Markets Corporation owns 111,207 shares for 0.27% of their portfolio. Private Ocean Lc accumulated 41 shares.

Since February 6, 2018, it had 0 insider purchases, and 1 insider sale for $9.85 million activity.

How KeyBanc Currently Rates Charter Communications (NASDAQ:CHTR)

In a note issued to clients and investors on Wednesday, 16 May, KeyBanc analyst just has begun coverage of Charter Communications (NASDAQ:CHTR) with Hold rating.

Charter Communications, Inc. (NASDAQ:CHTR) Ratings Coverage

Among 10 analysts covering Charter Communications (NASDAQ:CHTR), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Charter Communications has $440.0 highest and $300 lowest target. $378.38’s average target is 41.10% above currents $268.17 stock price. Charter Communications had 15 analyst reports since December 4, 2017 according to SRatingsIntel. As per Monday, February 5, the company rating was maintained by Barclays Capital. Buckingham Research maintained the stock with “Buy” rating in Monday, April 30 report. The firm has “Hold” rating given on Friday, February 2 by Oppenheimer. The rating was maintained by Jefferies on Monday, February 5 with “Hold”. The stock of Charter Communications, Inc. (NASDAQ:CHTR) earned “Underweight” rating by Barclays Capital on Monday, December 4. The firm earned “Hold” rating on Monday, April 2 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Tuesday, February 6 with “Buy”. As per Monday, April 30, the company rating was maintained by Wells Fargo. Guggenheim upgraded Charter Communications, Inc. (NASDAQ:CHTR) on Wednesday, January 3 to “Buy” rating. The stock of Charter Communications, Inc. (NASDAQ:CHTR) earned “Hold” rating by Robert W. Baird on Friday, February 2.

The stock decreased 1.53% or $4.16 during the last trading session, reaching $268.17. About 1.16 million shares traded. Charter Communications, Inc. (NASDAQ:CHTR) has declined 4.00% since May 18, 2017 and is downtrending. It has underperformed by 15.55% the S&P500.

Analysts await Charter Communications, Inc. (NASDAQ:CHTR) to report earnings on July, 26. They expect $0.92 earnings per share, up 76.92 % or $0.40 from last year’s $0.52 per share. CHTR’s profit will be $253.15M for 72.87 P/E if the $0.92 EPS becomes a reality. After $0.70 actual earnings per share reported by Charter Communications, Inc. for the previous quarter, Wall Street now forecasts 31.43 % EPS growth.

Charter Communications, Inc., through its subsidiaries, provides cable services to residential and commercial clients in the United States. The company has market cap of $73.79 billion. It offers subscription video services, including a package of basic video programming, video on demand, high definition television, digital video recorder, pay-per-view, and Spectrum guide services, as well as ad-supported free online video products. It has a 7.87 P/E ratio. The firm also provides Internet services, such as security suite that protects computers from viruses and spyware; in-home WiFi, which permits clients to lease high performance wireless routers to enhance their in-home wireless Internet experience; out-of-home WiFi; parental control features; and residential Internet services.

More notable recent Charter Communications, Inc. (NASDAQ:CHTR) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” on May 17, 2018, also Benzinga.com with their article: “KeyBanc On Comcast: Uncertainty, Cheap Valuation Makes This A Buying Opportunity” published on May 17, 2018, Benzinga.com published: “No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks” on May 17, 2018. More interesting news about Charter Communications, Inc. (NASDAQ:CHTR) were released by: Seekingalpha.com and their article: “Corvex adds ServiceNow, exits Comcast in Q1” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more…)” with publication date: May 15, 2018.

Charter Communications, Inc. (NASDAQ:CHTR) Ratings Chart

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