Brokerage Firm Rating on Telephone and Data Systems (TDS)

Telephone and Data Systems (TDS) : 3 brokerage houses believe that Telephone and Data Systems (TDS) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Telephone and Data Systems (TDS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 1.8.

Telephone and Data Systems (TDS) : The most positive equity analysts on Telephone and Data Systems (TDS) expects the shares to touch $44, whereas, the least positive believes that the stock will trade at $34 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $38.67 with an expected fluctuation of $5.03 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Telephone and Data Systems (NYSE:TDS): The stock opened at $30.28 on Thursday but the bulls could not build on the opening and the stock topped out at $30.28 for the day. The stock traded down to $29.78 during the day, due to lack of any buying support eventually closed down at $29.91 with a loss of -0.73% for the day. The stock had closed at $30.13 on the previous day. The total traded volume was 580,668 shares.

In a related news, The Securities and Exchange Commission has divulged that Williamson Scott H, Officer (Senior Vice President) of TELEPHONE & DATA SYSTEMS INC /DE/, had unloaded 13,146 shares at an average price of $28.58 in a transaction dated on June 28, 2016. The total value of the transaction was worth $375,713.

Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company. The Company is engaged in providing telecommunications services. TDS conducts its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular). TDS provides Wireline services, cable services and hosted and managed services, through its wholly-owned subsidiary, TDS Telecommunications Corporation. U.S. Cellular offers a range of Wireless devices, such as handsets, modems, mobile hotspots, home phone and tablets for use by its customers. TDS Telecom operates in three segments: Wireline, which provides retail telecommunications services to residential and commercial customers; Cable, which provides colocation and managed services, and Hosted and Managed Services, which offers a suite of information technology (IT) solutions including cloud and hosting solutions, managed services, enterprise resource planning application management, professional services and IT hardware.

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