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Analyzing CenturyLink’s Stock Returns

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Analysts’ recommendations

According to the data compiled by Reuters, as of May 8, among the 16 analysts tracking CenturyLink (CTL) stock, two have given it “buys,” four have given it “sells,” and ten have given it “holds.”

According to analysts’ consensus estimate, CenturyLink’s mean target price was $13.71 on May 8, implying a potential upside of ~19.9% over the next 12 months from its current price of $11.43. Its median target price was $14.00 on May 8.

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CenturyLink has generated returns of -37.0% in the trailing-12-month period and -8.8% in the trailing-one-month period. CenturyLink’s share price has increased 0.6% in the last five trading days. It’s currently trading 1.3% above its 52-week low of $11.28 and 52.8% below its 52-week high of $24.20.

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What do the technical indicators say?

Recently, CenturyLink fell below its 20-day moving average, signifying a bearish sentiment in its stock. On May 8, CenturyLink stock closed the trading day at $11.43. Based on this figure, the stock was trading 3.1% below its 20-day moving average of $11.80, 5.3% below its 50-day moving average of $12.07, and 15.9% below its 100-day moving average of $13.59.

CenturyLink has a 14-day RSI (relative strength index) score of 39, which suggests that its stock is trading right between overbought and oversold territory.

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