Summary:
- Charter Communications (CHTR, Financial) is the most shorted stock in the communication services sector, with 13.05% of its shares sold short.
- Analysts set a 12-month average price target of $408.01, indicating a potential upside of 19.51% from the current price of $341.39.
- The stock receives a "Hold" rating from 26 brokerage firms, with a consensus rating of 2.8.
Charter Communications: A Spotlight on Short Interest
As of the end of March, Charter Communications (CHTR) stood out as the most shorted stock within the communication services sector, boasting a significant 13.05% of its share float sold short. This level of short interest paints a picture of higher negative sentiment compared to sector peers like Alphabet (GOOG), which exhibited the lowest short interest.
Analysts' Price Targets and Expectations
Analysts have set a one-year average target price for Charter Communications Inc. (CHTR, Financial) at $408.01. These projections range from a low of $273.00 to a high of $660.00, suggesting a potential upside of 19.51% from the current trading price of $341.39. For further insights and detailed estimate data, visit the Charter Communications Inc (CHTR) Forecast page.
Brokerage Recommendations and Market Sentiment
Charter Communications Inc. (CHTR, Financial) holds an average brokerage recommendation of 2.8, categorizing it as a "Hold." This consensus comes from 26 brokerage firms, with the rating scale spanning from 1 (Strong Buy) to 5 (Sell).
Evaluating Charter's GF Value
According to GuruFocus estimates, the anticipated GF Value for Charter Communications Inc. (CHTR, Financial) stands at $408.79 in one year's time, suggesting a potential upside of 19.74% from the current price of $341.394. The GF Value reflects GuruFocus' assessment of a stock's fair trading value, derived from historical trading multiples, past business growth, and projected future performance. Investors can explore more detailed data on the Charter Communications Inc (CHTR) Summary page.
