T-Mobile US (TMUS) : Analyst Rating Update

T-Mobile US (TMUS) : Zacks Investment Research ranks T-Mobile US (TMUS) as 3, which is a Hold recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 19 research analysts is 1.63, which indicates as a Buy.

T-Mobile US (TMUS) : The highest level T-Mobile US (TMUS) is projected to reach is $50 for the short term and the lowest estimate is at $29. The consolidated price target from 14 rating analysts who initiate coverage on the stock is $44.93 and the possibility the share price can swing is $5.44.

T-Mobile US (NYSE:TMUS): The stock opened at $43.09 on Wednesday but the bulls could not build on the opening and the stock topped out at $43.31 for the day. The stock traded down to $42.71 during the day, due to lack of any buying support eventually closed down at $43.15 with a loss of -0.14% for the day. The stock had closed at $43.21 on the previous day. The total traded volume was 3,810,151 shares.

Also, Equity analysts at the Brokerage firm Nomura downgrades its rating on T-Mobile US (NYSE:TMUS). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The Analysts at Nomura lowers the price target from $46 per share to $44 per share. The rating by the firm was issued on June 24, 2016. The company shares have rallied 12.32% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $44.13 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $42.40 and the 200 Day Moving Average price is recorded at $39.48.

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