Robert W. Baird initiated coverage on shares of Time Warner Cable (NYSE: TWC) in a research note issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $102.00 price target on the stock. The analysts noted that the move was a valuation call.
TWC has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of Time Warner Cable in a research note to investors on Monday. Finally, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Time Warner Cable in a research note to investors on Tuesday, March 26th. They now have a $103.00 price target on the stock.
One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eighteen have given a buy rating to the company. Time Warner Cable presently has a consensus rating of “Buy” and a consensus target price of $90.11.
Shares of Time Warner Cable (NYSE: TWC) traded down 0.29% during mid-day trading on Thursday, hitting $97.19. Time Warner Cable has a 52 week low of $73.52 and a 52 week high of $102.00. The stock’s 50-day moving average is currently $91.. The company has a market cap of $28.721 billion and a P/E ratio of 14.13.
Time Warner Cable (NYSE: TWC) last announced its earnings results on Thursday, January 31st. The company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.02. The company had revenue of $5.49 billion for the quarter, compared to the consensus estimate of $5.50 billion. During the same quarter in the prior year, the company posted $1.75 earnings per share. The company’s quarterly revenue was up 9.9% on a year-over-year basis. On average, analysts predict that Time Warner Cable will post $6.53 earnings per share for the current fiscal year.
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.