AT&T (NYSE: T)‘s stock had its “buy” rating reiterated by investment analysts at Nomura in a note issued to investors on Friday. They currently have a $600.00 target price on the stock.
Shares of AT&T opened at 37.80 on Friday. AT&T has a 52 week low of $27.29 and a 52 week high of $38.28. The company has a market cap of $219.4 billion and a P/E ratio of 50.12.
AT&T last issued its quarterly earnings data on Tuesday, July 24th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.63 by $0.03. The company’s quarterly revenue was up .3% on a year-over-year basis. On average, analysts predict that AT&T will post $2.40 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a “neutral” rating on shares of AT&T in a research note to investors on Wednesday, July 25th. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of AT&T in a research note to investors on Monday, July 23rd. They now have a $35.00 price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of AT&T to $36.00 in a research note to investors on Monday, July 16th. They now have an “overweight” rating on the stock.
AT&T Inc. (AT&T) is a holding company. AT&T is a provider of telecommunications services in the United States and worldwide.
Stay on top of analysts' coverage with our daily email newsletter that provides a concise list of analysts' upgrades, analysts' downgrades and analysts' price target changes for each day. Click here to register.