Fintel reports that on November 26, 2024, Exane BNP Paribas upgraded their outlook for Charter Communications (NasdaqGS:CHTR) from Underperform to Neutral.
Analyst Price Forecast Suggests 6.41% Upside
As of November 21, 2024, the average one-year price target for Charter Communications is $409.10/share. The forecasts range from a low of $232.30 to a high of $693.00. The average price target represents an increase of 6.41% from its latest reported closing price of $384.47 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Charter Communications is 57,767MM, an increase of 5.28%. The projected annual non-GAAP EPS is 45.38.
What is the Fund Sentiment?
There are 1,603 funds or institutions reporting positions in Charter Communications. This is an increase of 24 owner(s) or 1.52% in the last quarter. Average portfolio weight of all funds dedicated to CHTR is 0.27%, an increase of 4.98%. Total shares owned by institutions decreased in the last three months by 4.07% to 133,556K shares. The put/call ratio of CHTR is 1.18, indicating a bearish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 11,637K shares representing 8.18% ownership of the company. In its prior filing, the firm reported owning 11,681K shares , representing a decrease of 0.38%. The firm increased its portfolio allocation in CHTR by 1.76% over the last quarter.
Capital International Investors holds 9,874K shares representing 6.94% ownership of the company. In its prior filing, the firm reported owning 9,849K shares , representing an increase of 0.25%. The firm increased its portfolio allocation in CHTR by 1.34% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 7,463K shares representing 5.25% ownership of the company. No change in the last quarter.
BlackRock holds 6,732K shares representing 4.73% ownership of the company.
Harris Associates L P holds 5,104K shares representing 3.59% ownership of the company. In its prior filing, the firm reported owning 6,311K shares , representing a decrease of 23.66%. The firm decreased its portfolio allocation in CHTR by 33.60% over 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.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
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.