Macquarie analyst Amy Yong reiterated a Buy rating on Altice Usa Inc (NYSE: ATUS) on October 10 and set a price target of $25. The company’s shares closed on Friday at $17.93.
According to TipRanks.com, Yong is a 4-star analyst with an average return of 4.7% and a 51.4% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Liberty Global PLC LiLAC Class A, and Charter Communications.
Altice Usa Inc has an analyst consensus of Strong Buy, with a price target consensus of $24.60.
See today’s analyst top recommended stocks >>
Altice Usa Inc’s market cap is currently $17.62B and has a P/E ratio of 7.14. The company has a Price to Book ratio of 4.57.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brand includes Optimum, Suddenlink, Lightpath, AMS, News 12 Networks, and News 12 Varsity. It operates through the Cablevision and Cequel business segments.
