Analysts Offer Insights on Services Companies: Scientific Games (NASDAQ: SGMS) and Charter Communications (NASDAQ: CHTR)

By Ryan Adsit

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Scientific Games (NASDAQ: SGMS) and Charter Communications (NASDAQ: CHTR).

Scientific Games (NASDAQ: SGMS)

In a report issued on November 3, Carlo Santarelli from Deutsche Bank reiterated a Hold rating on Scientific Games (NASDAQ: SGMS), with a price target of $8. The company’s shares closed last Friday at $11.45.

According to TipRanks.com, Santarelli is a 4-star analyst with an average return of 3.4% and a 52.2% success rate. Santarelli covers the Services sector, focusing on stocks such as Pinnacle Entertainment, Isle of Capri Casinos, and Red Rock Resorts Inc.

Currently, the analyst consensus on Scientific Games is Hold and the average price target is $10, representing a -12.7% downside.

In a report issued on November 3, J.P. Morgan also reiterated a Hold rating on the stock with a $12 price target.
Charter Communications (NASDAQ: CHTR)

In a report issued on November 3, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Charter Communications (NASDAQ: CHTR), with a price target of $350. The company’s shares closed last Friday at $250.23.

According to TipRanks.com, Wlodarczak is a 4-star analyst with an average return of 7.5% and a 62.7% success rate. Wlodarczak covers the Services sector, focusing on stocks such as Liberty Global PLC LiLAC Class A, Liberty Broadband Corp, and Liberty Ventures.

Currently, the analyst consensus on Charter Communications is Strong Buy and the average price target is $307.22, representing a 22.8% upside.

In a report issued on November 3, J.P. Morgan also reiterated a Buy rating on the stock with a $327 price target.