Shares of WideOpenWest, Inc. (NYSE:WOW) have earned a consensus rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $20.86.

A number of equities research analysts recently weighed in on the company. Credit Suisse Group started coverage on WideOpenWest in a report on Monday, June 19th. They set an “outperform” rating and a $20.00 price target for the company. SunTrust Banks, Inc. began coverage on WideOpenWest in a research note on Monday, June 19th. They issued a “buy” rating and a $24.00 price objective on the stock. Royal Bank Of Canada initiated coverage on WideOpenWest in a research note on Monday, June 19th. They issued an “outperform” rating and a $20.00 price objective on the stock. Raymond James Financial, Inc. initiated coverage on WideOpenWest in a report on Monday, June 19th. They set a “strong-buy” rating and a $21.00 target price on the stock. Finally, Macquarie began coverage on WideOpenWest in a report on Monday, June 19th. They set an “outperform” rating and a $20.00 target price on the stock.

Shares of WideOpenWest (NYSE:WOW) traded up 2.32% during midday trading on Wednesday, hitting $15.43. 151,380 shares of the company were exchanged. The company’s 50 day moving average price is $15.75 and its 200 day moving average price is $16.40. The firm has a market cap of $1.37 billion and a P/E ratio of 16.09. WideOpenWest has a one year low of $14.54 and a one year high of $18.83.

WideOpenWest (NYSE:WOW) last announced its earnings results on Monday, August 14th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.12 by $0.03. The business had revenue of $297.50 million during the quarter, compared to analyst estimates of $299.23 million. WideOpenWest’s quarterly revenue was down 3.3% on a year-over-year basis. Equities analysts expect that WideOpenWest will post $1.24 EPS for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC bought a new stake in shares of WideOpenWest during the second quarter valued at approximately $113,000. New Jersey Better Educational Savings Trust acquired a new position in WideOpenWest during the 2nd quarter worth $174,000. Wells Fargo & Company MN acquired a new position in WideOpenWest during the 2nd quarter worth $274,000. Supplemental Annuity Collective Trust of NJ acquired a new position in WideOpenWest during the 2nd quarter worth $278,000. Finally, Tudor Investment Corp ET AL acquired a new position in WideOpenWest during the 2nd quarter worth $279,000. 50.30% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “WideOpenWest, Inc. (WOW) Receives Consensus Recommendation of “Buy” from Analysts” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/10/02/wideopenwest-inc-wow-receives-consensus-recommendation-of-buy-from-analysts.html.

About WideOpenWest

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.

Analyst Recommendations for WideOpenWest (NYSE:WOW)

Receive News & Stock Ratings for WideOpenWest Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WideOpenWest Inc. and related stocks with our FREE daily email newsletter.