Charter Communications (CHTR) Gets a Buy Rating from KeyBanc

KeyBanc analyst Brandon Nispel maintained a Buy rating on Charter Communications (CHTR) today and set a price target of $771.00. The company’s shares closed last Thursday at $623.09.

Nispel has an average return of 22.7% when recommending Charter Communications.

According to, Nispel is ranked #805 out of 7234 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Charter Communications with a $699.64 average price target, representing a 13.5% upside. In a report issued on January 7, Evercore ISI also initiated coverage with a Buy rating on the stock with a $750.00 price target.

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Charter Communications’ market cap is currently $127.7B and has a P/E ratio of 86.10. The company has a Price to Book ratio of -1.41.

Based on the recent corporate insider activity of 110 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CHTR in relation to earlier this year.

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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.

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