Analysts on CenturyLink stock
Of the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on May 3, 63% recommended “hold,” 25% recommended “sell,” and 12% recommended “buy.” Based on its May 3 price of $11.68, analysts’ consensus target of $13.71 implies they expect the stock to rise 17.4% over the next 12 months. The target price has fallen from $14.07 a month ago.
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CenturyLink has returned -35.4% in the last year, -5.6% in the last month, and 0.5% in the last five trading days. In comparison, Charter Communications (CHTR), Comcast (CMCSA), and Frontier Communications (FTR) have returned 2.0%, 0.5%, and -22.0%, respectively, in the last five trading days.
Moving average convergence divergence
On May 3, CenturyLink’s 14-day MACD (moving average convergence divergence) was -0.26. Frontier’s 14-day MACD was -0.36, Charter’s was 7.91, and Comcast’s was 0.48. A positive MACD indicates that a stock is moving upward, while a negative MACD denotes a downward trading trend.