AT&T (T) Receives ‘Analyst’ Rating

AT&T (T) : Zacks Investment Research ranks AT&T (T) as 3, which is a Hold recommendation. 10 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 20 research analysts is 1.95, which indicates as a Buy.

AT&T (T) : The consensus price target for AT&T (T) is $44.85 for the short term with a standard deviation of $2.04. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $48, however, the pessimist price target for the company is $41.


Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of AT&T (NYSE:T). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $48 per share from a prior target of $46. The rating by the firm was issued on July 19, 2016.

AT&T (NYSE:T): After opening at $39.8, the stock dipped to an intraday low of $39.62 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.62 and the buying power remained strong till the end. The stock closed at $40.45 for the day, a gain of 1.40% for the day session. The total traded volume was 22,950,495. The stocks close on the previous trading day was $39.89.

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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