Brokerage Firm Rating Update on CenturyLink (CTL)

CenturyLink (CTL) has an average broker rating of 3.14, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 2 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 7 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. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

CenturyLink (CTL) : The most positive equity analysts on CenturyLink (CTL) expects the shares to touch $42, whereas, the least positive believes that the stock will trade at $22 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $29.1 with an expected fluctuation of $5.59 from the mean.


Company shares have received an average consensus rating of Hold for the current week Also, Morgan Stanley downgrades its view on CenturyLink (NYSE:CTL) according to the research report released by the firm to its investors. The shares have now been rated Underweight by the stock experts at the ratings house. Earlier, the shares had a rating of Equal-weight. Morgan Stanley lowers the price target from $31 per share to $27 per share on CenturyLink . The rating by the firm was issued on July 18, 2016.

CenturyLink (NYSE:CTL): The stock opened at $28.17 and touched an intraday high of $28.42 on Wednesday. During the day, the stock corrected to an intraday low of $28.08, however, the bulls stepped in and pushed the price higher to close in the green at $28.4 with a gain of 0.82% for the day. The total traded volume for the day was 3,210,762. The stock had closed at $28.17 in the previous trading session.

CenturyLink, Inc. is an integrated communications company. The Company is engaged in providing an array of communications services to residential, business, governmental and wholesale customers. The Companys communications services include local and long-distance, broadband, private line, Multi-Protocol Label Switching (MPLS), data integration, managed hosting, colocation, Ethernet, network access, video, wireless and other ancillary services. The Company operates in two segments: Business and Consumer. The Business segment provides strategic, legacy and data integration products and services to enterprise, wholesale and governmental customers, including other communication providers. The Consumer segment provides strategic and legacy products and services to residential customers.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *