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Street Talk on AT&T: Analyst Recommendations after the 3Q17 Results

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AT&T’s analyst recommendations

As of November 8, 2017, of the 30 analysts from various brokerage firms tracking AT&T (T) stock, 20 recommend a “hold,” while nine recommend a “buy,” and one recommends a “sell.” Nearly 67% of the Wall Street analysts’ gave the telecom company “hold” recommendation.

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12-month target price

The analysts’ consensus suggests that AT&T’s 12-month target price is $41.03, which means a potential return of 23% from its closing price of $33.44 on November 8, 2017.

AT&T has generated returns of -9.6% in the trailing-12-month period and -13.4% in the trailing-one-month period. AT&T’s share price has fallen 0.33% in the trailing-five-day period.

By comparison, Sprint (S), Verizon Communications (VZ), and T-Mobile (TMUS) have generated returns of around -7.3%, -5.0%, and -5.9%, respectively, in the trailing-five-day period.

MACD

As of November 8, 2017, AT&T’s MACD (moving average convergence divergence) is -1.09. T-Mobile’s MACD is -0.88, while Verizon’s is -0.33, and Sprint’s is -0.32.

Remember, a negative MACD denotes that a stock is in downward trading trend, while a positive MACD figure denotes that a stock is in upward trading trend.

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