T-Mobile US Inc (TMUS) is Reiterated by RBC Capital Mkts to Outperform, Raises Price Target to $ 47

T-Mobile US Inc (TMUS) was Reiterated by RBC Capital Mkts to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 47 from a previous price target of $44 . RBC Capital Mkts advised their investors in a research report released on Apr 27, 2016.

Many Wall Street Analysts have commented on T-Mobile US Inc. Company shares were Reiterated by Barclays on Apr 18, 2016 to “Overweight”, Firm has raised the Price Target to $ 49 from a previous price target of $45 .T-Mobile US Inc was Initiated by Macquarie to “Neutral” on Apr 5, 2016. FBR Capital Initiated T-Mobile US Inc on Mar 24, 2016 to “Mkt Perform”, Price Target of the shares are set at $40.

On the company’s financial health, T-Mobile US Inc reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.46 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.10. The company had revenue of $8600.00 million for the quarter, compared to analysts expectations of $8459.27 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.

T-Mobile US Inc closed down -0.03 points or -0.07% at $40.22 with 36,51,997 shares getting traded on Friday. Post opening the session at $40.22, the shares hit an intraday low of $40.11 and an intraday high of $40.85 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 6, 2016, Larry L Myers (EVP, Human Resources) sold 3,000 shares at $39.24 per share price. According to the SEC, on Jan 8, 2016, Neville R Ray (EVP & Chief Technology Officer) sold 24,805 shares at $39.78 per share price. On Jan 8, 2016, David A Miller (EVP, General Counsel & Sec.) sold 15,000 shares at $39.81 per share price, according to the Form-4 filing with the securities and exchange commission.

T-Mobile US Inc

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