AT&T Inc (T) Receives a Buy from Tigress Financial


Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on AT&T Inc (NYSE: T) today. The company’s shares closed on Friday at $32.87.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 17.4% and a 66.7% success rate. Feinseth covers the Services sector, focusing on stocks such as Nordstrom Inc, Walt Disney, and Yum! Brands.

Currently, the analyst consensus on AT&T Inc is a Moderate Buy with an average price target of $35.11.

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AT&T Inc’s market cap is currently $238.6B and has a P/E ratio of 6.41. The company has a Price to Book ratio of 1.30.

Based on the recent corporate insider activity of 177 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of T in relation to earlier this year. Most recently, in July 2018, Joyce Roche, a Director at T bought 3,200 shares for a total of $99,776.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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