RBC Capital analyst Kutgun Maral maintained a Hold rating on Charter Communications (NASDAQ:CHTR) on Friday, setting a price target of $570, which is approximately 1.72% below the present share price of $580.
Maral expects Charter Communications to post earnings per share (EPS) of $1.91 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Charter Communications, with an average price target of $610.64.
The analysts price targets range from a high of $730 to a low of $425.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $11.74 billion and a net profit of $1.81 billion. The company's market cap is $119.75 billion.
According to TipRanks.com, RBC Capital analyst Kutgun Maral is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.3% and a 50.00% success rate.
Charter Communications, Inc. engages in the provision of broadband communications services. Its services include Spectrum TV, Spectrum Internet, and Spectrum Voice. The firm offers business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. It operates through Cable Services segment. Its advertising sales and production services are sold under the Spectrum Reach brand. The company was founded in 1993 and is headquartered in Stamford, CT.