Fintel reports that on May 1, 2023, Benchmark maintained coverage of Charter Communications Inc. - (NASDAQ:CHTR) with a Buy recommendation.
Analyst Price Forecast Suggests 27.57% Upside
As of April 24, 2023, the average one-year price target for Charter Communications Inc. - is 470.37. The forecasts range from a low of 275.73 to a high of $651.00. The average price target represents an increase of 27.57% from its latest reported closing price of 368.70.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Charter Communications Inc. - is 56,325MM, an increase of 3.40%. The projected annual non-GAAP EPS is 37.16.
What is the Fund Sentiment?
There are 1941 funds or institutions reporting positions in Charter Communications Inc. -. This is an increase of 86 owner(s) or 4.64% in the last quarter. Average portfolio weight of all funds dedicated to CHTR is 0.39%, an increase of 0.50%. Total shares owned by institutions decreased in the last three months by 6.81% to 91,906K shares. 
The put/call ratio of CHTR is 0.96, indicating a bullish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 8,472K shares representing 5.55% ownership of the company. In it's prior filing, the firm reported owning 6,725K shares, representing an increase of 20.61%. The firm increased its portfolio allocation in CHTR by 27.43% over the last quarter.
Capital International Investors holds 7,506K shares representing 4.92% ownership of the company. In it's prior filing, the firm reported owning 8,107K shares, representing a decrease of 8.02%. The firm decreased its portfolio allocation in CHTR by 4.78% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 5,030K shares representing 3.30% ownership of the company. In it's prior filing, the firm reported owning 4,002K shares, representing an increase of 20.43%. The firm increased its portfolio allocation in CHTR by 25.93% over the last quarter.
Massachusetts Financial Services holds 3,929K shares representing 2.57% ownership of the company. No change in the last quarter.
Berkshire Hathaway holds 3,829K shares representing 2.51% ownership of the company. No change in the last quarter.
Charter Communications Background Information
(This description is provided by the company.)
Charter Communications, Inc. is a leading broadband connectivity company and cable operator serving more than 31 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
