Citigroup Maintains T-Mobile US Inc to Buy with Price Target $51.00

Brokerage firm Citigroup Maintains its rating on T-Mobile US Inc(NASDAQ:TMUS). In a research note issued to the investors, the brokerage major Raises the price-target to $51.00 per share. The shares have been rated Buy. The rating by Citigroup was issued on Jun 13, 2016.

In a different note, On Apr 18, 2016, Barclays said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Raises the price-target to $45.00 per share. The shares have been rated ‘Overweight’ by the firm. Macquarie said it Initiates Coverage on T-Mobile US Inc, according to a research note issued on Apr 5, 2016. The shares have been rated ‘Neutral’ by the firm. On Mar 28, 2016, Bernstein said it Maintains its rating on T-Mobile US Inc. In the research note, the firm Lowers the price-target to $41.00 per share. The shares have been rated ‘Market Perform’ by the firm. FBR Capital said it Initiates Coverage on T-Mobile US Inc, according to a research note issued on Mar 24, 2016. The shares have been rated ‘Market Perform’ by the firm.

T-Mobile US Inc (TMUS) made into the market gainers list on Fridays trading session with the shares advancing 0.02% or 0.01 points. Due to strong positive momentum, the stock ended at $41.77, which is also near the day’s high of $41.92. The stock began the session at $41.87 and the volume stood at 42,39,432 shares. The 52-week high of the shares is $44.13 and the 52 week low is $33.23. The company has a current market capitalization of $34,343 M and it has 82,21,85,590 shares in outstanding.

T-Mobile US Inc(TMUS) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $8.60B. Analysts had an estimated revenue of $8.40B. Earnings per share were $0.10. Analysts had estimated an EPS of $0.10.

Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Neville R Ray (EVP & Chief Technology Officer) sold 6,945 shares at $44.00 per share price.Also, On Jun 7, 2016, J Braxton Ii Carter (EVP & CFO) sold 10,000 shares at $43.75 per share price.On Jun 7, 2016, W Michael Barnes (director) sold 42,000 shares at $43.57 per share price, according to the Form-4 filing with the securities and exchange commission.

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