Charter Communications (NASDAQ:CHTR) Price Target Raised to $200.00 at Wells Fargo & Company

Charter Communications (NASDAQ:CHTR) had its price objective raised by Wells Fargo & Company from $180.00 to $200.00 in a report issued on Monday morning,Benzinga reports. Wells Fargo & Company currently has an underweight rating on the stock.

A number of other research firms also recently commented on CHTR. UBS Group set a $425.00 target price on Charter Communications in a research report on Thursday. Royal Bank Of Canada cut their price target on Charter Communications from $265.00 to $240.00 and set a “sector perform” rating for the company in a research note on Friday, January 16th. KeyCorp reissued a “sector weight” rating on shares of Charter Communications in a research note on Monday, January 26th. Weiss Ratings restated a “sell (d+)” rating on shares of Charter Communications in a research report on Monday, December 29th. Finally, Sanford C. Bernstein set a $220.00 price target on shares of Charter Communications in a research report on Wednesday, January 28th. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $338.47.

Charter Communications Trading Up 3.6%

Shares of CHTR opened at $213.61 on Monday. Charter Communications has a twelve month low of $180.38 and a twelve month high of $437.06. The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 4.65. The firm has a market capitalization of $27.64 billion, a P/E ratio of 5.89, a PEG ratio of 0.57 and a beta of 1.05. The firm’s 50-day moving average is $202.35 and its two-hundred day moving average is $240.64.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Friday, January 30th. The company reported $10.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.40 by ($0.06). The company had revenue of $13.60 billion for the quarter, compared to analyst estimates of $13.73 billion. Charter Communications had a net margin of 9.10% and a return on equity of 24.63%. Charter Communications’s revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $10.10 earnings per share. On average, research analysts predict that Charter Communications will post 38.16 earnings per share for the current fiscal year.

Insider Activity

In related news, Director David C. Merritt sold 1,200 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $226.18, for a total transaction of $271,416.00. Following the transaction, the director owned 10,146 shares of the company’s stock, valued at approximately $2,294,822.28. This represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.83% of the company’s stock.

Institutional Investors Weigh In On Charter Communications

Several hedge funds have recently modified their holdings of the stock. Atlantic Union Bankshares Corp acquired a new position in Charter Communications during the second quarter worth approximately $25,000. Ameritas Advisory Services LLC purchased a new stake in shares of Charter Communications during the 2nd quarter valued at $28,000. Webster Bank N. A. acquired a new stake in shares of Charter Communications during the 3rd quarter worth $28,000. Heritage Wealth Advisors acquired a new stake in shares of Charter Communications during the 2nd quarter worth $29,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in shares of Charter Communications in the 3rd quarter worth $30,000. 81.76% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Charter Communications

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: TD Cowen raised its price target to $437 and maintained a “buy” rating — a large upside signal that supports upside momentum for the stock. TD Cowen raises PT to $437
• Positive Sentiment: Seeking Alpha published a bullish upgrade calling CHTR a “Strong Buy” at ~6x P/E, citing strong cash flow, aggressive buybacks, improving broadband trends, mobile growth and bundling benefits — supporting a narrative of undervaluation and earnings/cash conversion upside. Seeking Alpha upgrade
• Positive Sentiment: Several analysts raised forecasts after Q4 results, according to coverage — that follow mixed Q4 results but suggest analysts see better forward visibility (important for sentiment and target revisions). Analysts increase forecasts after Q4
• Neutral Sentiment: Globe and Mail ran a roundup of analyst insights on communication-services names including Charter — useful background perspective but not a single actionable change. Globe and Mail analyst roundup
• Neutral Sentiment: Short-interest data reported appears anomalous (shows zero/NaN) and currently conveys no clear bearish pressure signal — treat as non-informative until corrected.
• Negative Sentiment: Goldman Sachs cut its price target to $185 and assigned a “sell” rating — a meaningful negative signal that could cap near-term upside and weigh on sentiment. Goldman lowers PT to $185
• Negative Sentiment: Wells Fargo raised its target to $200 but kept an “underweight” rating, implying limited upside from current levels and continued caution from some institutional brokers. Wells Fargo raises PT but maintains underweight

About Charter Communications

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.