Rosenblatt Securities analyst Bernie McTernan maintained a Buy rating on Charter Communications (NASDAQ:CHTR) on Friday, setting a price target of $620, which is approximately 6.90% above the present share price of $580.
McTernan expects Charter Communications to post earnings per share (EPS) of $1.91 for the third quarter of 2020.
The current consensus among 19 TipRanks analysts is for a Strong Buy rating of shares in Charter Communications, with an average price target of $637.69.
The analysts price targets range from a high of $735 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, Rosenblatt Securities analyst Bernie McTernan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 66.67% 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.