Analyst Rating Update on AT&T (T)

AT&T (T) has an average broker rating of 1.95, which is interpreted as a Buy, as rated by 20 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

AT&T (T) : The most positive equity analysts on AT&T (T) expects the shares to touch $48, whereas, the least positive believes that the stock will trade at $35 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $43.5 with an expected fluctuation of $3.46 from the mean.

Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Citigroup maintains its rating on AT&T (NYSE:T).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Citigroup raises the new price target from $46 per share to $48 per share. The rating by the firm was issued on July 19, 2016.


AT&T (NYSE:T): The stock opened at $43.09 on Wednesday but the bulls could not build on the opening and the stock topped out at $43.22 for the day. The stock traded down to $42.92 during the day, due to lack of any buying support eventually closed down at $43.14 with a loss of -0.05% for the day. The stock had closed at $43.16 on the previous day. The total traded volume was 13,632,401 shares.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.

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