AT&T Inc. with ticker code (T) have now 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 28 and 9 suggesting an average Analsyt target price of $21.13. Given that the stocks previous close was at $18.39 and the analysts are correct then we can expect a percentage increase in value of 14.9%. Also worth taking note is the 50 day moving average now sits at $19.13 while the 200 day moving average is $18.55. The market cap for the company is $132,691m. Find out more information at: https://www.att.com
The potential market cap would be $152,461m based on the market consensus.
AT&T Inc. provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides Virtual Private Networks, AT&T Dedicated Internet, Ethernet, data services, security, cloud solutions, outsourcing, and managed and professional services, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections and legacy telephony voice communication services to residential customers. This segment markets its communications services and products under the AT&T, Cricket, AT&T PREPAID, and AT&T Fiber brand names. The Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its owned stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.
The company has a dividend yield of 6.12% with the ex dividend date set at 9-1-2023 (DMY).
