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Most Analysts Recommend a ‘Hold’ for Sprint in June

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Analyst recommendations

As of June 12, 23 analysts from various brokerage firms were actively tracking Sprint (S) stock. Six of these analysts rated the stock as a “sell,” 16 rated the stock as a “hold,” and one rated the stock as a “buy.” Around 70% of Wall Street analysts gave the company a “hold” recommendation.

12-month target price

The Wall Street analyst consensus 12-month target price for Sprint is $5.19, which suggests a potential return of approximately 2% from the closing price of $5.31 as of June 12. Sprint has generated returns of -35.3% in the last 12 months and 2.9% in the last month. Sprint’s stock has increased 1.7% in the last five trading days. In comparison, T-Mobile (TMUS), Verizon (VZ), and AT&T (T) have generated returns of 1.6%, 1.8%, and 5.1%, respectively, in the last five trading days.

MACD

As of June 12, Sprint had a moving average convergence divergence (or MACD) of -0.05. T-Mobile’s MACD is -0.56, Verizon’s is 0.06, and AT&T’s is -0.09. A negative MACD level means that a stock is in a downward trading trend, whereas a positive MACD level suggests that a stock is in an upward trading trend.

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