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Where Does Wall Street Think Charter Communications Inc (CHTR) Stock Will Go?

Friday, September 29, 2023 03:55 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Charter Communications Inc (CHTR) Stock Will Go?

Wall Street is positive on Charter Communications Inc (CHTR). On average, analysts give the stock a Buy rating. The average price target is $489.312, which means analysts expect the stock to gain by 11.07% over the next twelve months. That average ranking earns the stock an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.8
Wall Street analysts are rating CHTR a Buy today. Find out what this means to you and get the rest of the rankings on CHTR!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Charter Communications Inc Stock Today?

Charter Communications Inc (CHTR) stock is down -0.89% while the S&P 500 has gained 0.04% as of 3:45 PM on Friday, Sep 29. CHTR is lower by -$3.95 from the previous closing price of $444.48 on volume of 550,399 shares. Over the past year the S&P 500 is up 18.15% while CHTR has gained 40.93%. CHTR earned $29.76 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.77. Click Here to get the full Stock Report for Charter Communications Inc stock.

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