Ratings and target price
Among the 30 analysts covering Charter Communications (CHTR) stock, 67% recommended a “buy,” 30% recommended a “hold,” and 3% recommended a “sell” as of May 2. According to analysts’ consensus, Charter stock has a median target price of $412.50. The stock’s current market price is $370.41, which indicates a potential upside of 11.4% over the next 12 months.
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Charter has generated returns of 34.8% in the trailing 12-month period and 6.9% in the trailing one-month period. Charter’s share price increased 1.0% in the last five trading days. Comcast (CMCSA) and Dish Network (DISH) have generated returns of -0.7% and -0.8%, respectively, in the last five trading days.
On May 2, Charter’s 14-day MACD (moving average convergence divergence) was 7.29. Comcast’s 14-day MACD was 0.70, while Dish Network’s MACD was 0.09. A stock’s MACD marks the change between its long-term and short-term moving averages. Charter’s positive MACD number suggests an upward trading trend.