Cincinnati Bell Inc (CBB) : 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cincinnati Bell Inc (CBB). Zacks Investment Research suggests a Buy with a rank of 2. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 3.17.
Cincinnati Bell Inc (CBB) : Currently there are 2 street experts covering Cincinnati Bell Inc (CBB) stock. The most bullish and bearish price target for the stock is $5 and $3 respectively for the short term. The average price target of all the analysts comes to $4.13. The estimated standard deviation from the target is $1.24.
Cincinnati Bell Inc. has lost 2.07% in the last five trading days and dropped 13.27% in the last 4 weeks. Cincinnati Bell Inc. is up 13.94% in the last 3-month period. Year-to-Date the stock performance stands at 18.06%. Cincinnati Bell Inc (NYSE:CBB): On Tuesdays trading session , Opening price of the stock was $4.28 with an intraday high of $4.38. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.24. However, the stock managed to close at $4.25, a loss of 0.23% for the day. On the previous day, the stock had closed at $4.26. The total traded volume of the day was 667,086 shares.
Cincinnati Bell Inc., along with its consolidated subsidiaries, is a provider of integrated communications solutions in the Greater Cincinnati area. The Company has operations within three segments: Wireline, IT Services and Hardware, and Wireless. The Wireline segment provides products and services, such as data transport, high-speed internet, entertainment, local voice, long distance, VoIP, and other services. The IT Services and Hardware segment provides managed IT solutions, including managed infrastructure services, IT and telephony equipment sales, and professional IT staffing services. Cincinnati Bell Wireless LLC provides digital wireless voice and data communications services through the operation of a Global System for Mobile Communications/General Packet Radio Service network with a 3G Universal Mobile Telecommunications System and 4G High Speed Packet Access+ network overlay, which is able to provide high-speed data services, such as streaming video.