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.
See all Charter Communications Inc. - regulatory filings.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.