T-Mobile US (TMUS) Receives ‘Analyst’ Rating

T-Mobile US (TMUS) : 11 brokerage houses believe that T-Mobile US (TMUS) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on T-Mobile US (TMUS). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 1.59.

T-Mobile US (TMUS) : The consensus price target for T-Mobile US (TMUS) is $50.36 for the short term with a standard deviation of $6.79. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $56, however, the pessimist price target for the company is $29.


Also, Major Brokerage house, Wells Fargo upgrades its ratings on T-Mobile US (NYSE:TMUS). According to the latest information available, the shares are now rated Outperform by the analysts at the agency. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on August 29, 2016.

T-Mobile US (NYSE:TMUS): After opening at $46, the stock dipped to an intraday low of $45.89 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $47.46 and the buying power remained strong till the end. The stock closed at $47.18 for the day, a gain of 2.86% for the day session. The total traded volume was 2,894,639. The stocks close on the previous trading day was $45.87.

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