Analysts’ Weekly Ratings Changes for Time Warner Cable (TWC)
Time Warner Cable (NYSE: TWC) was the recipient of a ratings changes during the seven days:
- Time Warner Cable ‘s EPS estimates were raised by analysts at UBS AG. They now have a “buy” rating and a $105.00 price target on the stock.
- Time Warner Cable had its “buy” rating reaffirmed by analysts at Nomura. They now have a $110.00 price target on the stock.
- Time Warner Cable was upgraded by analysts at Evercore Partners from an “equal weight” rating to an “overweight” rating.
- Time Warner Cable was upgraded by analysts at Morgan Stanley from an “equalweight” rating to an “overweight” rating. They now have a $110.00 price target on the stock. They wrote, “Among cable operators, TWC lacks the flash of NBCU or the turnaround opportunity of CHTR. However, since YE09 it has returned ~$5.5 bn in capital through dividends and buybacks while steadily growing its business. Our OW thesis is based on 1) a bet on mgmt’s capital allocation discipline, 2) above consensus EPS for ’13E (despite NFL Network), and 3) TWC as the best way to play the U.S. consumers’ growing data usage (wired & wireless/wifi) and cable’s advantage over DSL.”
- Time Warner Cable was upgraded by analysts at Hudson Square Research from a “hold” rating to a “buy” rating. They now have a $110.00 price target on the stock.
Shares of Time Warner Cable opened at 94.01 on Thursday. Time Warner Cable has a one year low of $57.15 and a one year high of $96.57. The company has a market cap of $28.801 billion and a P/E ratio of 17.21.
Time Warner Cable Inc. (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.