How Analysts View Charter Communications in March 2018
By Ambrish ShahDec. 4 2020, Updated 10:42 a.m. ET
Analyst recommendations
On March 14, 2018, 26 analysts tracked Charter Communications (CHTR) stock. Of these analysts, 20 rated the stock as a “buy,” one rated the stock as a “sell,” and five rated the stock as a “hold.” Approximately 77% of these analysts gave the telecom company a “buy” recommendation.
Median target price
The median target price set by analysts for Charter Communications was $436.00 on March 14, 2018. The company’s closing price was $340.96 on the same date.
Charter Communications has generated returns of ~5.0% in the trailing-12-month period and ~-5.0% in the trailing-one-month period. Charter Communications’ stock price increased 0.68% in the trailing-five-day period.
Sprint (S), Verizon (VZ), and AT&T (T) have generated returns of -0.75%, -0.80%, and 0.33%, respectively, in the trailing-five-day period.
MACD
On March 14, 2018, Charter had a moving average convergence divergence (or MACD) of ~-3.8. AT&T’s MACD is -0.05, Verizon’s MACD is -0.73, and Sprint’s MACD is -0.03.
A positive MACD number implies that a stock is in an upward trading trend, whereas a negative MACD number implies that a stock is in a downward trading trend.
