WideOpenWest, Inc. (WOW) Given Average Recommendation of “Buy” by Brokerages
Shares of WideOpenWest, Inc. (NYSE:WOW) have been given a consensus rating of “Buy” by the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $19.29.
A number of equities analysts have recently weighed in on WOW shares. Zacks Investment Research lowered WideOpenWest from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th. SunTrust Banks reiterated a “buy” rating and set a $18.00 price target on shares of WideOpenWest in a report on Tuesday, November 14th. Royal Bank Of Canada reiterated a “buy” rating and set a $20.00 price target on shares of WideOpenWest in a report on Monday, September 18th. Finally, UBS decreased their price target on WideOpenWest from $21.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, November 14th.
WideOpenWest (WOW) opened at $8.85 on Monday. The company has a debt-to-equity ratio of -8.37, a quick ratio of 0.73 and a current ratio of 0.73. WideOpenWest has a 12-month low of $8.80 and a 12-month high of $18.83.
A number of large investors have recently made changes to their positions in WOW. NGAM Advisors L.P. bought a new position in WideOpenWest in the 2nd quarter valued at $1,033,000. Sei Investments Co. bought a new position in WideOpenWest in the 2nd quarter valued at $4,698,000. New Jersey Better Educational Savings Trust bought a new position in WideOpenWest in the 2nd quarter valued at $174,000. Gamco Investors INC. ET AL bought a new position in WideOpenWest in the 2nd quarter valued at $626,000. Finally, Three Peaks Capital Management LLC bought a new position in WideOpenWest in the 2nd quarter valued at $6,507,000. Hedge funds and other institutional investors own 53.79% of the company’s stock.
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WideOpenWest Company Profile
WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.
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