T-Mobile on the Street: The Latest Analyst Recommendations
T-Mobile among the top four industry players
In the previous part of the series, we looked at T-Mobile’s (TMUS) value proposition among the top four mobile companies in the United States. These four players include Verizon Communications (VZ), AT&T (T), T-Mobile, and Sprint (S). Now let’s look at Wall Street analyst opinions of T-Mobile.
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Wall Street analyst recommendations for T-Mobile
As seen in the above chart, as of April 13, 2017, the majority of analysts have recommended a “buy” for T-Mobile’s stock. These recommendations represent ~71.4% of the total 28 analysts covering the stock, while ~25.0% of analysts have recommended “hold” on the stock, and the remaining ~3.6% of recommendations on the stock have been “sell.”
The median target price set by analysts for T-Mobile was $70.00 on April 13. The carrier’s closing price was $64.04 on the same date.
As of April 13, 2017, T-Mobile’s stock price has increased by ~64.8% in the past year, while the stock has only risen ~3.6% in the past month.
For ongoing updates on T-Mobile and this industry, keep checking in with Market Realist’s Tech, Media, and Telecom page.