Analysts’ recommendations

Among the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on April 18, 12% recommended a “buy,” 25% recommended a “sell,” and 63% recommended a “hold.” Based on the price of $12.14 on April 18, analysts’ consensus target price of $13.71 implies that they expect the stock to rise 12.9% over the next 12 months. The target price has fallen from $14.07 a month ago.

CenturyLink: Analysts’ Recommendations

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

CenturyLink has generated returns of -30.8% in the trailing 12-month period and 0.6% in the trailing one-month period. CenturyLink’s share price fell 3.6% in the last five trading days. In comparison, Charter Communications (CHTR), Comcast (CMCSA), and Frontier Communications (FTR) have generated returns of 1.2%, 3.4%, and 2.8%, respectively, in the last five trading days.

MACD

On April 18, CenturyLink’s 14-day MACD (moving average convergence divergence) was -0.15. Frontier Communications’ 14-day MACD was 0.12, Charter Communications’ was 6.40, and Comcast’s was 1.23. A positive MACD level shows that a stock is in an upward trading trend, while a negative MACD level suggests a downward trading trend.

Latest articles

WeWork is gearing up for an IPO. On Wednesday, the company made its IPO filing with the SEC public and expects to garner $3.5 billion from its IPO.

After FCC Chairman Ajit Pai recommended the approval of the T-Mobile–Sprint merger, Representative David Cicilline urged the FCC to allow public comment.

Cresco Labs (CRLBF) is set to report its Q2 earnings on August 21 after the market closes. The company's stock fell 5.3% yesterday.

Cannabis stocks mostly traded in positive territory today. Supreme Cannabis (FIRE) and Aurora Cannabis (ACB) rose about 9.5% and 5.5%, respectively.

NVIDIA (NVDA) stock soared 6% in today’s trading session as its Q2 earnings for fiscal 2020 beat estimates. However, its guidance missed estimates.

Nio Inc. (NIO) has disrupted the automotive space since 2014 but only made waves in the market since its IPO. Investors have suffered numerous setbacks.