AT&T, Inc (NYSE:T) traded at $28.2 at close of the session on Monday, June 23 and made an upward move of 1.55%% on its previous day’s price.
AT&T, Inc has a market cap of $202.92 billion and is expected to release its quarterly earnings report in July. With its Forward Dividend at 1.11 and a yield of 3.94%, the company’s investors could be anxious for the T stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the T stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 25 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the AT&T, Inc (T) stock as a Hold, while 18 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the T stock currently stands at 5.30, and the current price level is 1.27% off its SMA20 and 2.48% from its 50-day simple moving average. The RSI (14) is pointing at 56.29 while the volatility over the past week is 1.11% and jumps to 1.03% over the past one month. The average price target for the stock over the next 12 months is $29.25, with the estimates having a low of $28 and a high of $32. These price ends are 0.71% and -13.48% off the current price level respectively, although investors could be excited at the prospect of a -3.72% if the T share price touches on the median price of $29.25.
