AT&T (T) : Traders are bullish on AT&T (T) as it has outperformed the S&P 500 by a wide margin of 0.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.7%, relative to the S&P 500. The stock has risen by 1.23% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.98% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.46% and the 50-Day Moving Average is 4.3%.The 200 Day SMA reached 5.41% AT&T, Inc. has dropped 0.2% during the last 3-month period . Year-to-Date the stock performance stands at 21.28%.
AT&T (T) : 13 investment research analysts covering AT&T (T) have an average price target of $44.85 for the near short term. The highest target price given by the Brokerage Firm to the stock is $48 and the lowest target is $41 for the short term. Analysts expect the variance to be within $2.04 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. AT&T (NYSE:T): stock was range-bound between the intraday low of $39.9 and the intraday high of $40.4085 after having opened at $40.34 on Fridays session. The stock finally closed in the red at $40.34, a loss of -0.62%. The stock remained in the red for the whole trading day. The total traded volume was 41,350,621 shares. The stock failed to cross $40.4085 in Fridays trading. The stocks closing price on Thursday was $40.45.
AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.