Impact of Brokerage Rating on Charter Communications, Inc.(CHTR)

Many Charter Communications, Inc.(CHTR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Charter Communications was Initiated by HSBC Securities to Hold on Jan 19, 2017. Charter Communications was Initiated by RBC Capital Mkts on Dec 6, 2016 to Outperform, Price Target of the shares are set at $325.

Company has reported several Insider transactions to the SEC, on Sep 13, 2016, John Bickham (President and COO) sold 36,825 shares at 257.02 per share price.On Aug 19, 2016, Mauricio Ramos (director) purchased 1,000 shares at 255.00 per share price.On Aug 15, 2016, Richard R Dykhouse (EVP/Gen Counsel/Corp Secretary) sold 8,380 shares at 256.73 per share price.

Charter Communications Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.69 EPS for the quarter, missing the analyst consensus estimate by $ -0.10. Analyst had a consensus of $0.79. The company had revenue of $10037.00 million for the quarter, compared to analysts expectations of $10012.83 million. The companys revenue was up 309.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.

Charter Communications, Inc. (NASDAQ:CHTR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.47 by 16 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

Charter Communications, Inc. (NASDAQ:CHTR) stock has received a short term price target of $ 304.17 from 17 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $32.4. The higher estimate of target price is $360 , while the lower price target estimate is $240

Charter Communications, Inc. (NASDAQ:CHTR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.32% or 1.02 points. After the session commenced at $321.91, the stock reached the higher end at $323.78 while it hit a low of $320.26. With the volume soaring to 1,091,534 shares, the last trade was called at $322. The company has a 52-week high of $341.5. The company has a market cap of $86,554 million and there are 268,800,000 shares in outstanding. The 52-week low of the share price is $181.75182.

Charter Communications is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter Spectrum TV video entertainment programming, Charter Spectrum Internet access, and Charter Spectrum Voice. Spectrum Business similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charters advertising sales and production services are sold under the Charter Media brand.


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