A number of research firms have changed their ratings and price targets for AT&T (NYSE: T):

  • 7/14/2017 – AT&T had its price target lowered by analysts at Barclays PLC from $41.00 to $39.00. They now have an “equal weight” rating on the stock.
  • 7/13/2017 – AT&T was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Over the past three months, shares of AT&T fell 9.20% while the Zacks Wireless National industry lost 8.93%. Notably, AT&T operates in a highly competitive and saturated wireless U.S. market. Moreover, losses in access lines, operating expenses, marketing costs associated with attractive discounts, regulatory norms and union issues act as major headwinds. However, AT&T’s plans to deploy both fixed and wireless 5G network in late 2018 or early 2019 using virtualized Radio Access Networks core in its trials, launch 3GPP Mobile 5G Services in 2018 and deploy 28GHz and 39GHz spectrum bands complements its 5G strategy. AT&T’s DirecTV Now is offering free Roku Premiere set-top box to lure in more customers. The AT&T-Time Warner deal gained European Union’s approval but awaits U.S. Justice Department’s nod. AT&T’s Unlimited data plans have heated up the wireless industry.”
  • 7/13/2017 – AT&T was downgraded by analysts at Bank of America Corporation from a “buy” rating to a “neutral” rating. They now have a $39.00 price target on the stock, down previously from $46.00.
  • 7/10/2017 – AT&T was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $41.56 price target on the stock.
  • 7/9/2017 – AT&T had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $42.00 price target on the stock.
  • 6/28/2017 – AT&T had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The).
  • 6/28/2017 – AT&T had its “outperform” rating reaffirmed by analysts at Wells Fargo & Company.
  • 6/21/2017 – AT&T was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $39.81 price target on the stock.
  • 6/2/2017 – AT&T had its “hold” rating reaffirmed by analysts at Drexel Hamilton.
  • 6/2/2017 – AT&T was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 5/30/2017 – AT&T was upgraded by analysts at Moffett Nathanson from a “sell” rating to a “neutral” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 5/30/2017 – AT&T was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $39.93 price target on the stock.
  • 5/24/2017 – AT&T was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $39.93 price target on the stock.
  • 5/22/2017 – AT&T was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $38.92 price target on the stock.
  • 5/20/2017 – AT&T was given a new $42.00 price target on by analysts at Royal Bank Of Canada. They now have a “hold” rating on the stock.

Shares of AT&T Inc. (NYSE T) opened at 36.39 on Tuesday. The stock has a market capitalization of $223.73 billion, a P/E ratio of 17.79 and a beta of 0.47. The stock has a 50 day moving average of $38.41 and a 200-day moving average of $40.54. AT&T Inc. has a one year low of $36.10 and a one year high of $43.50.

AT&T (NYSE:T) last announced its quarterly earnings data on Tuesday, April 25th. The technology company reported $0.74 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.74. The company had revenue of $39.40 billion during the quarter, compared to the consensus estimate of $40.50 billion. AT&T had a return on equity of 14.22% and a net margin of 7.77%. The firm’s revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 EPS. Equities analysts forecast that AT&T Inc. will post $2.89 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 1st. Investors of record on Monday, July 10th will be paid a dividend of $0.49 per share. The ex-dividend date of this dividend is Thursday, July 6th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 5.39%. AT&T’s dividend payout ratio (DPR) is presently 96.08%.

AT&T Inc is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.

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