TOday’s Movers: Altice USA (ATUS) Stock Rating Reaffirmed at Wells Fargo; $21 Target Price Indicates 19.18 % Potential

June 12, 2018 - By Dolores Ford

Altice USA (ATUS) Rating Reaffirmed

Wells Fargo now has a $21 target on shares of Altice USA (ATUS). The target means a potential upside of 19.18 % from the last stock price of Altice USA (ATUS). This rating was revealed in a research report on Tuesday, 12 June.

Altice Europe N.V. (NYSE:ATUS) Ratings Coverage

Among 10 analysts covering Altice USA (ATUS), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Altice USA has $32 highest and $23.5 lowest target. $26.65’s average target is 51.25% above currents $17.62 stock price. Altice USA had 11 analyst reports since January 23, 2018 according to SRatingsIntel. JP Morgan maintained Altice Europe N.V. (NYSE:ATUS) rating on Tuesday, March 6. JP Morgan has “Overweight” rating and $32 target. The firm has “Overweight” rating by Barclays Capital given on Tuesday, January 23. The stock of Altice Europe N.V. (NYSE:ATUS) earned “Buy” rating by Buckingham Research on Wednesday, May 23. The firm has “Buy” rating by Citigroup given on Monday, April 30. The stock has “Buy” rating by Cowen & Co on Monday, March 26. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, March 13.

The stock decreased 1.56% or $0.28 during the last trading session, reaching $17.62. About 4.04M shares traded or 27.35% up from the average. Altice Europe N.V. (ATUS) has 0.00% since June 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Altice Europe N.V. (NYSE:ATUS) to report earnings on July, 26. They expect $-0.04 earnings per share, up 76.47 % or $0.13 from last year’s $-0.17 per share. After $-0.16 actual earnings per share reported by Altice Europe N.V. for the previous quarter, Wall Street now forecasts -75.00 % EPS growth.

Altice USA, Inc., together with its subsidiaries, operates as a broadband communications and video services well-known provider in the United States. The company has market cap of $12.99 billion. It operates through Cablevision and Cequel divisions. It has a 8.08 P/E ratio. The firm delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers.

Altice Europe N.V. (NYSE:ATUS) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.