Wall Street’s take on AT&T
In the previous part of the series, we looked at AT&T’s (T) value proposition among the top four mobile companies in the United States. These four players are Verizon (VZ), AT&T, T-Mobile (TMUS), and Sprint (S).
Now, let’s look at Wall Street analysts’ opinions on AT&T.
Analysts’ recommendations on AT&T
As we can see in the chart above, on April 12, 2017, the majority of analysts recommended “holds” on AT&T stock. These recommendations represented ~57.1% of the total 28 analysts covering the stock. Meanwhile, ~35.7% of analysts recommended “buys” on the stock. The remaining ~7.1% of recommendations on the stock were “sells.”
The median target price set by analysts for AT&T was $44.00 on April 12, 2017. The carrier’s closing price was $40.56 as of the same date.
AT&T’s stock price performance
Now, let’s look at AT&T’s stock price performance over the past year and month periods. On April 12, 2017, AT&T’s stock price had risen ~4.9% in the past year. However, AT&T’s stock price had fallen ~4.2% in the past month.