Raymond James analyst Ric Prentiss maintained a Buy rating on United States Cellular (USM) today and set a price target of $56. The company’s shares opened today at $52.47.
According to TipRanks.com, Prentiss ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -5.4% and a 65.5% success rate. Prentiss covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Telephone & Data Systems Inc, and Iridium Communications.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United States Cellular with a $56.67 average price target, which is an 8.0% upside from current levels. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a $66 price target.
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The company has a one-year high of $56.89 and a one-year low of $32.06. Currently, United States Cellular has an average volume of 158.3K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock.
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United States Cellular Corp. engages in the provision of wireless telecommunication services. Its products include smartphones, tablets, vehicle routers, and accessories. It offers Internet plans, prepaid and postpaid plans, and roaming services. The company was founded by Leroy T. Carlson in 1983 and is headquartered in Chicago, IL.
