Zacks Rating on Verizon Communications (VZ)

Verizon Communications (VZ) : The consensus on Verizon Communications (VZ) based on 24 analyst recommendation on the company stock is 2.54, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 15 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Verizon Communications (VZ) stock is expected to deviate a maximum of $4.13 from the average target price of $53.82 for the short term period. 17 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $42.


Verizon Communications Inc. has lost 0.25% in the last five trading days and dropped 5.8% in the last 4 weeks. Verizon Communications Inc. is up 7.22% in the last 3-month period. Year-to-Date the stock performance stands at 17.66%. Verizon Communications (NYSE:VZ): stock turned positive on Tuesday. Though the stock opened at $52.655, the bulls momentum made the stock top out at $52.82 level for the day. The stock recorded a low of $52.46 and closed the trading day at $52.63, in the green by 0.15%. The total traded volume for the day was 7,775,055. The stock had closed at $52.55 in the previous days trading.

Verizon Communications Inc. (Verizon) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment includes the Cellco Partnership doing business as Verizon Wireless. Wireless communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. Wirelines voice, data and video communications products and services include broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. Verizon provides these products and services to consumers in the United States, as well as to carriers, businesses and government customers both in the United States and around the world.

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