AT&T Inc. (NYSE:T).
On September 26 the company was upgraded to “Hold” from “Neutral” by HSBC. On July 19 Citigroup kept the company rating at “Buy” and raised the price expectation to $48.00 from $46.00.
July 15 investment analysts at Barclays kept the stock rating at “Overweight” but raised the price target from $42.00 to $45.00. On July 7 the company was downgraded from “Buy” to “Neutral” with a current price target of $46.00 in a report from Citigroup.
Equity analyst Citigroup raised the price target and downgraded the stock on July 7 changing the price objective from $42.00 to $46.00 and setting the rating at “Neutral” which had previously been “Buy”.
The company is up by 0.78 percent from yesterday’s close. The company recently declared a dividend for shareholders that was paid on Monday August 1st, 2016. The dividend was $0.480 per share for the quarter or $1.92 on an annualized basis. This dividend represents a yeild of $4.65 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Wednesday the 6th of July 2016.
Shares last traded at $41.46 which is slightly above the 50 day moving average which is $41.18 and a tad above the 200 day moving average of $40.46. The 50 day moving average was up $0.28 or +0.67% whereas the 200 day moving average was up $1.00 or +2.48%.
The P/E ratio is 17.88 and market cap is 255.06B. As of the last earnings report the EPS was $2.32 and is estimated to be $2.86 for the current year with 6,152,000,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.68 with next year’s EPS anticipated to be $3.02.