Cincinnati Bell Inc. (NYSE:CBB) had its Outperform ➝ Buy rating reiterated by Wells Fargo & Co with a $15.00 price target

ME Staff
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Analyst Ratings For Cincinnati Bell Inc. (NYSE:CBB)

Today, Wells Fargo & Co reiterated its Outperform rating on Cincinnati Bell Inc. (NYSE:CBB) with a price target of $15.00.

There are 2 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Cincinnati Bell Inc. (NYSE:CBB) is Hold with a consensus target price of $16.3333 per share, a potential 20.99% upside.

Some recent analyst ratings include

  • 9/6/2018-Cincinnati Bell Inc. (NYSE:CBB) had its Outperform ➝ Buy rating reiterated by Wells Fargo & Co with a $15.00 price target
  • 7/10/2018-Cincinnati Bell Inc. (NYSE:CBB) gets downgraded to Hold by UBS Group with a price target of $18.00
  • 6/2/2018-Cincinnati Bell Inc. (NYSE:CBB) had its Equal Weight rating reiterated by Morgan Stanley
  • 8/8/2017-Cincinnati Bell Inc. (NYSE:CBB) gets downgraded to Hold by Gabelli
  • 12/6/2016-Cincinnati Bell Inc. (NYSE:CBB) had its Market Perform ➝ Underperform rating reiterated by Raymond James
  • 12/6/2016-Cincinnati Bell Inc. (NYSE:CBB) gets downgraded to Underperform by Citigroup
  • 11/23/2016-Cincinnati Bell Inc. (NYSE:CBB) has coverage initiated with a Buy rating and $25.00 price target

Recent Insider Trading Activity For Cincinnati Bell Inc. (NYSE:CBB)
Cincinnati Bell Inc. (NYSE:CBB) has insider ownership of 1.40% and institutional ownership of 74.32%.

  • On 8/16/2018 Phillip R Cox, Director, sold 14,597 with an average share price of $12.60 per share and the total transaction amounting to $183,922.20.
  • On 5/29/2018 Andrew R Kaiser, CFO, bought 800 with an average share price of $13.07 per share and the total transaction amounting to $10,456.00.
  • On 5/29/2018 Christopher J Wilson, VP, bought 2,041 with an average share price of $12.58 per share and the total transaction amounting to $25,675.78.
  • On 5/29/2018 Leigh R Fox, CEO, bought 773 with an average share price of $12.93 per share and the total transaction amounting to $9,994.89.
  • On 2/27/2018 Andrew R Kaiser, CFO, bought 3,000 with an average share price of $15.90 per share and the total transaction amounting to $47,700.00.
  • On 2/23/2018 Christopher J Wilson, VP, bought 2,959 with an average share price of $14.45 per share and the total transaction amounting to $42,757.55.
  • On 2/23/2018 Leigh R Fox, CEO, bought 1,375 with an average share price of $14.54 per share and the total transaction amounting to $19,992.50.

About Cincinnati Bell Inc. (NYSE:CBB)
Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business customers in the United States. It operates in two segments, Entertainment and Communications, and IT Services and Hardware. The Entertainment and Communications segment offers data services, including high-speed Internet access, data transport, and interconnection services, as well as metro-Ethernet products; and voice local services, such as Fioptics voice lines, voice over Internet protocol, long distance, digital trunking, switched access, caller identification, voicemail, call waiting, and call return. This segment also provides video services comprising entertainment channels, including digital music, local, movie, and sports programming with high-definition (HD) channels, parental controls, HD DVR, and video on-demand. In addition, this segment undertakes wiring projects for business customers; and offers advertising, directory assistance, maintenance, and information services. The IT Services and Hardware segment provides professional services, such as consulting, staffing, installation, and project-based engagements, including engineering and installation of voice, connectivity and IT technologies, development of digital application solutions, and staff augmentation; and hosted solutions comprising converged IP communications platforms of data, voice, video, and mobility applications. This segment also offers various services, including hardware and software components management services; cloud-based audio, video, and Web conferencing services; cloud call center and call recording application services; cloud services, such as virtual data center, storage, and backup services; and monitoring and managing technology environments and applications, as well as sells, architects, and installs telecommunications and IT infrastructure equipment. The company was founded in 1873 and is headquartered in Cincinnati, Ohio.

Recent Trading Activity for Cincinnati Bell Inc. (NYSE:CBB)
Shares of Cincinnati Bell Inc. closed the previous trading session at 13.50 up +0.40 3.05% with shares trading hands.