B.Riley FBR analyst Zachary Silver maintained a Buy rating on Shenandoah Telecommunications Co (SHEN) today and set a price target of $54. The company’s shares opened today at $46.15.
According to TipRanks.com, Silver is a 3-star analyst with an average return of 7.1% and a 75.0% success rate. Silver covers the Technology sector, focusing on stocks such as CSG Systems International, United States Cellular, and Wideopenwest Inc.
Shenandoah Telecommunications Co has an analyst consensus of Moderate Buy, with a price target consensus of $50.50.
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The company has a one-year high of $51.41 and a one-year low of $29.93. Currently, Shenandoah Telecommunications Co has an average volume of 190K.
Based on the recent corporate insider activity of 107 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 SHEN in relation to earlier this year.
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Shenandoah Telecommunications Co. operates as a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the following segments: Wireless, Cable, Wireline and Others.
