Cincinnati Bell Receives Average Recommendation of “Hold” from Analysts (NYSE:CBB)
Shares of Cincinnati Bell (NYSE:CBB) have been given a consensus rating of “Hold” by the eight analysts that are currently covering the company, AnalystRatings.Net reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $3.80.
A number of research firms have recently commented on CBB. Analysts at Stephens initiated coverage on shares of Cincinnati Bell in a research note to investors on Wednesday, January 22nd. They set an “overweight” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Cincinnati Bell in a research note to investors on Tuesday, January 21st. They now have a $4.00 price target on the stock.
Shares of Cincinnati Bell (NYSE:CBB) traded down 1.05% on Monday, hitting $3.305. The stock had a trading volume of 198,031 shares. Cincinnati Bell has a 1-year low of $2.62 and a 1-year high of $4.78. The stock’s 50-day moving average is $3.57 and its 200-day moving average is $3.21. The company’s market cap is $687.6 million.
Cincinnati Bell Inc is a full-service provider of data and voice communications services over wireline and wireless networks, a full-service provider of data center colocation and related managed services, and a reseller of information technology (NYSE:CBB) and telephony equipment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.