Pivotal Research upped the price target of Charter Communications Inc. (NDAQ:CHTR) to $420.00 reporting a possible upside of 0.32%.
Previously on 09/05/2017, Telsey Advisory Group released a statement about Charter Communications Inc. (NDAQ:CHTR) reduced the target price from $450.00 to $340.00. At the time, this indicated a possible downside of -0.13%.
Just yesterday Charter Communications Inc. (NDAQ:CHTR) traded -8.30% lower at $318.12. Charter Communications Inc.’s 50-day moving average is $365.69 and its 200-day moving average is $354.41. The last stock price is down -10.76% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 8,927,655 shares of Charter Communications Inc. exchanged hands, up from an avg. volume of 1,905,990
Recent Performance Chart
Charter Communications Inc. has PE ratio of 90.60 with a one year low of $241.50 and a one year high of $408.83 and has a market capitalization of $0.
A total of 1 analyst has released a report on Charter Communications Inc.. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $0.50.
General Company Details For Charter Communications Inc. (NDAQ:CHTR)
Charter Communications, Inc., through its subsidiaries, provides cable services to residential and commercial customers in the United States. It offers subscription-based 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. The company also provides Internet services, such as security suite that protects computers from viruses and spyware; in-home WiFi, which permits customers 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. In addition, it offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. Further, the company provides video programming and music, Web hosting, e-mail and security, and multi-line telephone services, as well as Web-based service management; and sells video and online advertising inventory to local, regional, and national advertising customers. Additionally, it offers fiber-delivered communications and managed information technology solutions; and security and home management services, as well as owns and operates regional sports networks and local sports, news, and lifestyle channels. As of December 31, 2016, the company served approximately 26.2 million residential and business customers. Charter Communications, Inc. was founded in 1999 and is headquartered in Stamford, Connecticut.
The post Pivotal Research reported on Charter Communications Inc. (NDAQ:CHTR), stepping up its target to $420.00 earlier today appeared first on Octafinance.