Analysts at Morgan Stanley Reconfirmed their Past ‘Overweight’ rating on Shares Charter Communications (NASDAQ:CHTR), Set a $365 Price Objective

July 17, 2017 - By Henry Gaston

 Analysts at Morgan Stanley Reconfirmed their Past ‘Overweight’ rating on Shares Charter Communications (NASDAQ:CHTR), Set a $365 Price Objective

Investors sentiment increased to 0.43 in 2016 Q4. Its up 0.34, from 0.09 in 2016Q3. It increased, as 1 investors sold Charter Communications, Inc. shares while 6 reduced holdings. 1 funds opened positions while 2 raised stakes. 368,729 shares or 78.10% more from 207,035 shares in 2016Q3 were reported.

1,273 are held by Eqis Capital Mngmt Inc. Kemnay Advisory Serv stated it has 22,331 shares or 4.6% of all its holdings. 40,800 were reported by Selkirk Limited Liability. Burney owns 0.04% invested in Charter Communications, Inc. (NASDAQ:CHTR) for 2,157 shares. Eidelman Virant has 452 shares. 1,427 were accumulated by Dorsey & Whitney Trust Ltd. Cibc World Mkts has invested 0.85% in Charter Communications, Inc. (NASDAQ:CHTR). Wellington Shields Cap Mngmt Ltd Liability Com has invested 0.13% in Charter Communications, Inc. (NASDAQ:CHTR). 7 are held by Private Ocean Ltd Liability Corporation. Burt Wealth Advsr has 352 shares for 0.09% of their portfolio. Covey Advsr Llc has invested 1.23% in Charter Communications, Inc. (NASDAQ:CHTR).

Since February 21, 2017, it had 0 insider purchases, and 3 selling transactions for $8.76 million activity. Shares for $6.49M were sold by Hargis Jonathan on Tuesday, February 21. 1,000 shares were sold by Jacobson Craig A, worth $323,617.

Charter Communications (NASDAQ:CHTR) Rating Reaffirmed

Recently, In analysts report issued to clients and investors on Monday morning, Charter Communications (NASDAQ:CHTR) shares have had their Overweight Rating reconfirmed by stock analysts at Morgan Stanley, who currently has a $365 price target on company. This target by Morgan Stanley suggests the possibile upside of 6.31 % from the current stock price.

Investors sentiment increased to 0.43 in 2016 Q4. Its up 0.34, from 0.09 in 2016Q3. It increased, as 1 investors sold Charter Communications, Inc. shares while 6 reduced holdings. 1 funds opened positions while 2 raised stakes. 368,729 shares or 78.10% more from 207,035 shares in 2016Q3 were reported.

1,273 are held by Eqis Capital Mngmt Inc. Kemnay Advisory Serv stated it has 22,331 shares or 4.6% of all its holdings. 40,800 were reported by Selkirk Limited Liability. Burney owns 0.04% invested in Charter Communications, Inc. (NASDAQ:CHTR) for 2,157 shares. Eidelman Virant has 452 shares. 1,427 were accumulated by Dorsey & Whitney Trust Ltd. Cibc World Mkts has invested 0.85% in Charter Communications, Inc. (NASDAQ:CHTR). Wellington Shields Cap Mngmt Ltd Liability Com has invested 0.13% in Charter Communications, Inc. (NASDAQ:CHTR). 7 are held by Private Ocean Ltd Liability Corporation. Burt Wealth Advsr has 352 shares for 0.09% of their portfolio. Covey Advsr Llc has invested 1.23% in Charter Communications, Inc. (NASDAQ:CHTR).

Since February 21, 2017, it had 0 insider purchases, and 3 selling transactions for $8.76 million activity. Shares for $6.49M were sold by Hargis Jonathan on Tuesday, February 21. 1,000 shares were sold by Jacobson Craig A, worth $323,617.

Charter Communications, Inc. (NASDAQ:CHTR) Ratings Coverage

Among 23 analysts covering Charter Comm (NASDAQ:CHTR), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Charter Comm has $400 highest and $204 lowest target. $302.25’s average target is -11.96% below currents $343.32 stock price. Charter Comm had 37 analyst reports since August 5, 2015 according to SRatingsIntel. JP Morgan maintained Charter Communications, Inc. (NASDAQ:CHTR) on Wednesday, May 18 with “Overweight” rating. The company was maintained on Wednesday, September 28 by Macquarie Research. On Wednesday, July 12 the stock rating was maintained by Macquarie Research with “Buy”. Telsey Advisory Group maintained the stock with “Outperform” rating in Monday, November 2 report. HSBC initiated Charter Communications, Inc. (NASDAQ:CHTR) on Thursday, January 19 with “Hold” rating. The rating was initiated by Guggenheim on Monday, August 29 with “Buy”. As per Friday, July 7, the company rating was maintained by RBC Capital Markets. The stock of Charter Communications, Inc. (NASDAQ:CHTR) earned “Buy” rating by Canaccord Genuity on Wednesday, August 5. Argus Research initiated Charter Communications, Inc. (NASDAQ:CHTR) rating on Wednesday, July 20. Argus Research has “Buy” rating and $300 target. JP Morgan upgraded the shares of CHTR in report on Thursday, February 25 to “Overweight” rating.

About 655,810 shares traded. Charter Communications, Inc. (NASDAQ:CHTR) has risen 38.76% since July 17, 2016 and is uptrending. It has outperformed by 22.06% the S&P500.

Analysts await Charter Communications, Inc. (NASDAQ:CHTR) to report earnings on August, 8. They expect $1.12 EPS, up 13.13 % or $0.13 from last year’s $0.99 per share. CHTR’s profit will be $301.39M for 76.66 P/E if the $1.12 EPS becomes a reality. After $0.57 actual EPS reported by Charter Communications, Inc. for the previous quarter, Wall Street now forecasts 96.49 % EPS growth.

More notable recent Charter Communications, Inc. (NASDAQ:CHTR) news were published by: Businessinsider.com which released: “Sprint is in talks with Charter Communications and Comcast to boost their …” on June 27, 2017, also Prnewswire.com with their article: “Charter Names Andrew Ip Senior Vice President, Emerging Technology & Innovation” published on July 05, 2017, Benzinga.com published: “Mike Khouw Sees Unusual Options Activity In Charter Communications” on June 28, 2017. More interesting news about Charter Communications, Inc. (NASDAQ:CHTR) were released by: Reuters.com and their article: “Charter, Comcast explore wireless partnership with Sprint: sources” published on June 27, 2017 as well as Zacks.com‘s news article titled: “Is Charter Communications Mulling to Buy Cox Communications?” with publication date: June 23, 2017.

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