Brokerage Firm Rating Update on AT&T (T)

AT&T (T) has an average broker rating of 1.95, which is interpreted as a Buy, as rated by 20 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

AT&T (T) : The highest short term price target forecast on AT&T (T) is $48 and the lowest target price is $41. A total of 13 equity analysts are currently covering the company. The average price of all the analysts is $44.85 with a standard deviation of $2.04.


Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on AT&T (NYSE:T). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Citigroup raises the price target from $46 per share to $48 per share. The rating by the firm was issued on July 19, 2016.

AT&T (NYSE:T): The stock opened at $41.26 and touched an intraday high of $41.34 on Wednesday. During the day, the stock corrected to an intraday low of $40.99, however, the bulls stepped in and pushed the price higher to close in the green at $41.27 with a gain of 0.10% for the day. The total traded volume for the day was 13,531,348. The stock had closed at $41.23 in the previous trading session.

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.

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