Wells Fargo analyst Steven Cahall maintained a Hold rating on Charter Communications (CHTR – Research Report) today and set a price target of $290.00. The company’s shares closed yesterday at $271.23.
Cahall covers the Communication Services sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Walt Disney. According to TipRanks, Cahall has an average return of 3.1% and a 52.00% success rate on recommended stocks.
Currently, the analyst consensus on Charter Communications is a Moderate Buy with an average price target of $386.38, which is a 42.45% upside from current levels. In a report released on April 1, J.P. Morgan also maintained a Hold rating on the stock with a $335.00 price target.
The company has a one-year high of $458.30 and a one-year low of $269.74. Currently, Charter Communications has an average volume of 1.71M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Charter Communications (CHTR) Company Description:
Founded in 1993, Charter Communications, Inc. provides cable and broadband communications services to more than 30 million customers in the United States through its Spectrum brand. The company’s services include internet access, data networking, video programming, voice communications, and local advertising services. The company also provides regional sports networks and local sports, news, and original programming to its customers. The company is headquartered in Stamford, Connecticut.
