Charter Communications, Inc. (NASDAQ:CHTR).
Equity analyst Guggenheim Securities issued its first research report on the stock by announcing an initial rating of “Buy”. August 16 investment analysts at Barclays left the company rating at “Equal-weight” but raised the price target to $265.00 from $204.00.
Argus Research began coverage of the stock setting a rating of “Buy” and setting a price target of $300.00. On May 2 Wunderlich kept the stock rating at “Buy” and raised the price expectation from $221.00 to $254.00.
On February 25 the company was set at “Overweight” by JP Morgan up from the previous “Neutral” rating.
The company is trading down by -0.29 percent from yesterday’s close. Shares of the company are trading at $274.59 a tad higher than $262.77, the 50 day moving average and which is slightly above the 200 day moving average of $229.63. The 50 day moving average was up $11.90 or +4.53% and the 200 day average went up by +19.61%.
The company’s P/E ratio is 12.27 and the market cap is 74.42B. Short traders are more bearish on shares of the company lately if you pay attention to the change in short interest. The stock had a rise in short interest of 0.45% as of September 15, 2016 from the last reporting period. Short shares grew 4,224,288 over that period. The days to cover decreased to 2.0 and the percentage of shorted shares is 0.05% as of September 15.