Update on Charter’s Target Prices and Recommendations

Analysts’ recommendations

On July 23, 29 analysts actively tracked Charter Communications (CHTR) stock. One rated the stock as a “sell,” 22 rated the stock as a “buy,” and six rated the stock as a “hold.” Around 76.0% of these analysts gave the telecom company “buy” recommendations.

Update on Charter’s Target Prices and Recommendations

Median target price

The median target price set by analysts for Charter Communications (CHTR) was $375.00 on July 23. The company’s closing price was $287.82 on the same date.

Charter Communications has generated trailing-12-month returns of -17.8% and trailing-one-month returns of -3.8%. Charter’s stock price has fallen 5.4% in the last five trading days. In comparison, Sprint (S), Verizon (VZ), and AT&T (T) have generated returns of -4.2%, -1.6%, and -2.8%, respectively, in the last five trading days.

MACD

On July 23, Charter Communications had a moving average convergence divergence (or MACD) of 3.68. In comparison, AT&T’s MACD is -0.23, Verizon’s MACD is 0.64, and Sprint’s MACD is 0.06. A positive MACD level indicates that a stock is in an upward trading trend, whereas a negative MACD level denotes that a stock is in a downward trading trend.