As of August 27, 30 analysts from various brokerage firms are actively tracking Verizon (VZ) stock. Fourteen of them have rated the stock a “hold,” 16 have rated it a “buy,” and none have rated it a “sell.” About 53% of analysts have given the company a “buy” recommendation.
12-month target price
Wall Street analysts’ consensus indicates that Verizon’s 12-month target price is $56.65, which suggests a potential return of ~3% from the closing price of $54.85 on August 27.
Verizon has generated returns of 12.7% in the trailing-12-month period and 5.5% in the trailing-one-month period. Its share price has increased 0.4% in the last five trading days. In comparison, AT&T (T), Sprint (S), and T-Mobile (TMUS) have generated returns of -0.9%, -1.1%, and -0.1%, respectively, in the last five trading days.
As of August 27, Verizon’s 14-day MACD (moving average convergence divergence) is 0.84. T-Mobile’s is -0.17, AT&T’s is -0.01, and Sprint’s is 0.01. A stock’s MACD marks the change between its long-term and short-term moving averages. A positive MACD reading suggests that a stock is on an upward trading trend, whereas a negative MACD level signifies a downward trading trend.