“Time Warner Cable (TWC) has been reiterated by TheStreet Ratings as a buy with a ratings score of B+ . The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”
,” the firm’s analyst wrote.
TheStreet has also modified their ratings on a number of other services stocks in the few days. The firm reiterated its hold rating on shares of Liberty Global. Also, TheStreet reiterated its buy rating on shares of Virgin Media.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a neutral rating on shares of Time Warner Cable in a research note to investors on Wednesday, March 6th. Separately, analysts at Macquarie upgraded shares of Time Warner Cable from a neutral rating to an outperform rating in a research note to investors on Friday, February 22nd. They now have a $100.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Time Warner Cable from a neutral rating to an underperform rating in a research note to investors on Tuesday, February 19th. They now have a $79.00 price target on the stock.
One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $89.12.
Shares of Time Warner Cable (NYSE: TWC) opened at 94.14 on Monday. Time Warner Cable has a one year low of $73.52 and a one year high of $102.00. The stock’s 50-day moving average is currently $89.47. The company has a market cap of $27.820 billion and a P/E ratio of 13.64.
Time Warner Cable Inc. (NYSE: TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas.
To view TheStreet’s full report, visit www.thestreetratings.com
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