Analysts’ Ratings for CenturyLink and Its Peers in May

Analysts on CenturyLink stock

Of the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on May 9, 12% have given it “buys,” 19% have given it “sells,” and 69% have given it “holds.”

Based on CTL’s May 9 price of $10.86, analysts’ consensus target price of $12.86 implies a potential upside of 18.4% for the stock over the next 12 months. This target price is down from $13.79 a month ago.

Analysts’ Ratings for CenturyLink and Its Peers in May

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CenturyLink has generated returns of -39.8% in the trailing-12-month period and -12.4% in the trailing-one-month period. CenturyLink’s share price has fallen 4.9% in the last five trading days. In comparison, Charter Communications (CHTR), Comcast (CMCSA), and Frontier Communications (FTR) have generated returns of 1.1%, 0.6%, and 3.8%, respectively, in the last five trading days.

MACD

On May 9, CenturyLink’s 14-day MACD (moving average convergence divergence) was -0.28, Frontier’s was -0.22, Charter’s was 4.29, and Comcast’s was -0.09. A positive MACD number indicates that a stock is in an upward trading trend, while a negative MACD number indicates a downward trading trend.

Analysts’ recommendations for CTL’s peers

About 67% of the 30 analysts covering Charter stock have given it “buys,” 76% of the 33 analysts tracking Comcast stock have given it “buys,” and none of the 12 analysts tracking Frontier stock have given it “buys.”