In a report released yesterday, Jonathan Atkin from RBC Capital maintained a Hold rating on AT&T (T – Research Report), with a price target of $17.00. The company’s shares closed yesterday at $16.42.
Atkin covers the Real Estate sector, focusing on stocks such as Crown Castle, SBA Communications, and Equinix. According to TipRanks, Atkin has an average return of 11.5% and a 69.23% success rate on recommended stocks.
Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $20.89, representing a 27.22% upside. In a report released on April 2, Barclays also maintained a Hold rating on the stock with a $20.00 price target.
The company has a one-year high of $18.66 and a one-year low of $12.76. Currently, AT&T has an average volume of 38.4M.
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AT&T (T) Company Description:
AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following segments: Communications, WarnerMedia, Latin America and Xandr. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S. The Xandar segment provides advertising services. The company was founded in 1983 and is headquartered in Dallas, TX.
