12 Jun

Analysts’ Recommendations and Target Prices for CenturyLink

WRITTEN BY Ambrish Shah

Analysts’ consensus on CenturyLink

According to Wall Street analysts’ consensus estimate, CenturyLink (CTL) stock has a mean price target of $12.92. Its current market price is $10.33, suggesting a potential upside of 25.1% in the next 12 months.

Among the 15 Wall Street analysts following CenturyLink on June 10, two had given it “buys,” 12 had given it “holds,” and one had given it a “sell.”

CenturyLink has generated returns of -41.5% in the trailing-12-month period and -5.1% in the trailing-one-month period. CenturyLink’s share price has fallen 0.1% in the last five trading days. In comparison, Charter Communications (CHTR), Comcast (CMCSA), and Frontier Communications (FTR) have generated returns of 4.7%, 0.8%, and -5.3%, respectively, in the last five trading days.

MACD

On June 10, CenturyLink’s 14-day MACD (moving average convergence divergence) was 0.18. Frontier’s 14-day MACD was -0.04, Charter’s was 10.59, and Comcast’s was -0.60. A negative MACD level denotes that a stock is in a downward trading trend, while a positive MACD level suggests an upward trading trend.

Analysts’ recommendations for CTL’s peers

About 66% of the 29 analysts tracking Charter have given it “buys,” 78% of the 32 analysts following Comcast have given it “buys,” and none of the 11 analysts covering Frontier have given it “buys.”

Latest articles

Canadian energy giant Enbridge’s (ENB) operations are diverse. Enbridge accounts for roughly two-thirds of Canada’s crude oil exports to the US.

Sprint (S) stock fell about 1.9% on Wednesday and closed the trading day at $5.63. It was trading 30.2% below its 52-week high of $8.06.

Harvest Health (HARV) reported its Q3 earnings yesterday. HARV posted revenue of $33.15 million, which was lower than analysts' estimate of $34.18 million.

Apple (AAPL) stock is up almost 68% year-to-date. AAPL has returned 50% in the trailing 12 months and 125% in the last five years.

While the media caters to Millennial preferences, there’s one economic sector that’s shifting to a more seasoned crowd: healthcare stocks.

Despite solid earnings growth this year, Energy Transfer stock fell close to its multiyear lows recently. Could this weakness be seen as an opportunity?