MoffettNathanson analyst Craig Moffett downgraded Dish Network (NASDAQ: DISH) to Sell today. The company’s shares closed on Friday at $35.17.
Moffett has an average return of 29.7% when recommending Dish Network.
According to TipRanks.com, Moffett is ranked #2693 out of 4847 analysts.
Currently, the analyst consensus on Dish Network is a Moderate Buy with an average price target of $45.
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Dish Network’s market cap is currently $16.44B and has a P/E ratio of 7.42. The company has a Price to Book ratio of 2.11.
Based on the recent corporate insider activity of 30 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 DISH in relation to earlier this year.
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.
DISH Network Corp. is a holding company, which engages in the provision of pay-tv services. It operates through Pay-TV and Broadband, and Wireless segments. The Pay-TV and Broadband segment is offered under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets.
