Macquarie upgraded shares of Time Warner Cable (NYSE: TWC) from a neutral rating to an outperform rating in a research report released on Friday morning. Macquarie currently has $100.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein raised their price target on shares of Time Warner Cable from $50.00 to $57.00 in a research note to investors on Wednesday, February 20th. Separately, 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. Finally, analysts at RBC Capital downgraded shares of Time Warner Cable from an outperform rating to a sector perform rating in a research note to investors on Thursday, February 14th. They now have a $97.00 price target on the stock.
Thirteen analysts have rated the stock with a buy rating, four have issued an overweight rating, and twelve have given a hold rating to the stock. Time Warner Cable has a consensus rating of overweight and a consensus target price of $103.22.
Shares of Time Warner Cable traded up 0.17% during mid-day trading on Friday, hitting $86.11. 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 $93.38. The company has a market cap of $25.447 billion and a P/E ratio of 12.46.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 15th. Investors of record on Thursday, February 28th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 3.01%. The ex-dividend date is Tuesday, February 26th. This is an increase from Time Warner Cable’s previous quarterly dividend of $0.56.
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