Analysts’ Estimates and Recommendations for Verizon in August

Analyst recommendations

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.

Analysts’ Estimates and Recommendations for Verizon in August

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.

MACD

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.