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Analysts Offer Insights on Communication Services Companies: Charter Communications (CHTR) and Stagwell (STGW)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Charter Communications (CHTRResearch Report) and Stagwell (STGWResearch Report).

Charter Communications (CHTR)

In a report released today, Kannan Venkateshwar from Barclays maintained a Sell rating on Charter Communications, with a price target of $250.00. The company’s shares closed last Friday at $254.61, close to its 52-week low of $236.08.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 7.5% and a 56.3% success rate. Venkateshwar covers the NA sector, focusing on stocks such as Paramount Global Class B, Spotify Technology SA, and Rogers Communication.

Currently, the analyst consensus on Charter Communications is a Moderate Buy with an average price target of $364.94.

See today’s best-performing stocks on TipRanks >>

Stagwell (STGW)

In a report released yesterday, Steven Cahall from Wells Fargo maintained a Hold rating on Stagwell, with a price target of $5.50. The company’s shares closed last Friday at $6.12.

According to TipRanks.com, Cahall is a 4-star analyst with an average return of 3.1% and a 52.5% success rate. Cahall covers the NA sector, focusing on stocks such as Interpublic Group of Companies, E. W. Scripps Company Class A, and Paramount Global Class B.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Stagwell with a $7.10 average price target.

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