AT&T (T) : 10 brokerage houses believe that AT&T (T) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on AT&T (T). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 20 Wall Street Analysts endorse the stock as a Buy with a rating of 1.95.
AT&T (T) stock is expected to deviate a maximum of $3.46 from the average target price of $43.5 for the short term period. 16 Street Experts have initiated coverage on the stock with the most promising target being $48 and the most muted being $35.
Company shares have received an average consensus rating of Hold for the current week AT&T (NYSE:T): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.31 and $43.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.39, notching a gain of 0.44% for the day. The total traded volume was 11,979,692 . The stock had closed at $43.20 on the previous day.
In a related news, Stankey John T, officer (CEO?AT&T Entertainment Group) of At&T Inc., unloaded 2,131 shares at an average price of $43.38 on July 22, 2016. The total amount of the transaction was worth $92,443, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.