uploads///Telecom Verizon Q Analysts Recommendations

Verizon Is Trading at a 5% Discount to Its Average Price Target

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Dec. 21 2018, Updated 9:00 a.m. ET

Analysts on Verizon stock

According to the data compiled by Reuters as of December 18, of the 29 analysts who follow Verizon (VZ) stock, 41% have given it “buys,” and 59% have given it “holds.” No analysts have given it “sells.”

Analysts expect Verizon stock to rise ~5% over the next 12 months. Their recommendations show a consensus 12-month target price of $58.70 compared to its price of $55.65 on December 18. Its target price has risen from $58.29 a month ago.

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Peer comparison

Of the 31 analysts who follow AT&T (T), 48% have given it “buys,” 45% have given it “holds,” and 7% have given it “sells.” Analysts have a consensus 12-month target price of $34.36 on the stock. Its current market price is $29.75, indicating a potential upside of 15.5% over the next 12 months.

Of the 23 analysts who follow T-Mobile (TMUS), 87% have given it “buys,” while 13% have given it “holds.” No analysts have given it “sells.” Analysts have a consensus 12-month target price of $78.27 on the stock. The stock’s current market price is $64.78, which indicates a potential upside of 20.8% over the next 12 months.

Of the 22 analysts who follow Sprint (S), 14% have given it “buys,” 23% have given it “sells,” and 63% have given it “holds.” On average, analysts have a consensus 12-month target price of $5.78. The stock’s current market price is $5.91, indicating a potential downside of 2.2% over the next 12 months.

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