DISH Network Corporation (DISH) Receives ‘Analyst’ Rating

DISH Network Corporation (DISH) : The consensus on DISH Network Corporation (DISH) based on 14 analyst recommendation on the company stock is 2.79, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on DISH Network Corporation (DISH).

DISH Network Corporation (DISH) : Currently there are 11 street experts covering DISH Network Corporation (DISH) stock. The most bullish and bearish price target for the stock is $100 and $40 respectively for the short term. The average price target of all the analysts comes to $60. The estimated standard deviation from the target is $17.21.


Also, Equity Analysts at the Brokerage Firm, Macquarie, upgrades their rating on the shares of DISH Network Corporation (NASDAQ:DISH). Macquarie has a Outperform rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 9, 2016.

DISH Network Corporation (NASDAQ:DISH): After opening at $50.53, the stock dipped to an intraday low of $49.97 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $52.2 and the buying power remained strong till the end. The stock closed at $52.05 for the day, a gain of 3.50% for the day session. The total traded volume was 4,503,870. The stocks close on the previous trading day was $50.29.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.