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What Analysts Recommend for AT&T

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Dec. 4 2020, Updated 3:53 p.m. ET

Analysts on AT&T stock

According to the data compiled by Reuters, as of March 25, among the 31 analysts tracking AT&T (T) stock, 52% recommend a “buy,” 42% recommend a “hold,” and the remaining 6% recommend a “sell.”

According to Wall Street analysts’ consensus, AT&T’s mean target price was $33.85 per share on March 25, which implies an upside potential of ~10.0% over the next 12 months from its current market price of $30.77 per share. The median target price was $34.00 on that day.

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AT&T has generated returns of -11.3% in the trailing-12-month period and -1.2% in the trailing-one-month period. AT&T’s stock has decreased by 0.1% in the last five trading days. By comparison, T-Mobile (TMUS), Sprint (S), and Verizon (VZ) have generated returns of -1.9%, -2.8%, and 3.5%, respectively, in the last five trading days.

Wall Street analysts’ estimates

Analysts anticipate AT&T to rise ~7.7% to $184 billion in 2019 as compared with $170.8 billion in 2018. Its adjusted earnings per share are forecasted to be $3.58 in 2019 as compared with $3.52 in 2018.

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