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

Ready to put your morning scrolling to use? 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 -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.”

Latest articles

Apple (AAPL) investors have had a roller coaster week. Apple stock has lost just under 2% in a week, ending on August 23, 2019.

Competition taking a toll on Netflix as its share of US subscription video streaming market keep falling as rivals gain ground.

Crude oil production continues to rise, and oil prices remain at $50. Despite that, US energy stocks aren’t getting investors’ interest.

Apple stock fell 4.6% as the US-China trade war intensified today. China warned of tariffs on more US goods, followed by Trump's tweeted response.

In response to new tariffs from China and President Trump's tweets, the market tanked to session lows on Friday. The DJIA nosedived more than 600 points.

Coverage on Cresco Labs has increased from seven analysts in July to nine in August. Six analysts favor a “strong buy,” and three recommend a “buy.”