Fintel reports that on November 4, 2024, B of A Securities upgraded their outlook for Charter Communications (NasdaqGS:CHTR) from Neutral to Buy.
Analyst Price Forecast Suggests 1.65% Upside
As of October 22, 2024, the average one-year price target for Charter Communications is $372.53/share. The forecasts range from a low of $232.30 to a high of $693.00. The average price target represents an increase of 1.65% from its latest reported closing price of $366.49 / 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 1,554 funds or institutions reporting positions in Charter Communications. This is an decrease of 71 owner(s) or 4.37% in the last quarter. Average portfolio weight of all funds dedicated to CHTR is 0.29%, an increase of 0.68%. Total shares owned by institutions increased in the last three months by 0.59% to 136,004K shares. 
The put/call ratio of CHTR is 0.91, indicating a bullish outlook.
What are Other Shareholders Doing?
Dodge & Cox holds 11,681K shares representing 8.18% ownership of the company. In its prior filing, the firm reported owning 11,564K shares , representing an increase of 1.00%. The firm increased its portfolio allocation in CHTR by 7.50% over the last quarter.
Capital International Investors holds 9,849K shares representing 6.90% ownership of the company. In its prior filing, the firm reported owning 10,559K shares , representing a decrease of 7.20%. The firm decreased its portfolio allocation in CHTR by 2.44% over the last quarter.
DODGX - Dodge & Cox Stock Fund holds 7,463K shares representing 5.23% ownership of the company. No change in the last quarter.
Harris Associates L P holds 6,311K shares representing 4.42% ownership of the company. In its prior filing, the firm reported owning 6,251K shares , representing an increase of 0.95%. The firm increased its portfolio allocation in CHTR by 8.67% over the last quarter.
Berkshire Hathaway holds 3,829K shares representing 2.68% 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.
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