Raymond James analyst Ric Prentiss maintained a Buy rating on Telephone & Data Systems Inc (TDS) today and set a price target of $36. The company’s shares opened today at $33.94, close to its 52-week high of $35.
According to TipRanks.com, Prentiss is ranked 0 out of 5 stars 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, Iridium Communications, and United States Cellular.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telephone & Data Systems Inc with a $37 average price target, representing a 9.0% upside. In a report issued on November 1, B.Riley FBR also initiated coverage with a Buy rating on the stock with a $38 price target.
.
See today’s analyst top recommended stocks >>
Telephone & Data Systems Inc’s market cap is currently $3.78B and has a P/E ratio of 9.39. The company has a Price to Book ratio of 0.84.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.
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.
Telephone & Data Systems, Inc. engages in the provision of wire line and cable broadband, video and voice services. It operates through the following segments: U.S. Cellular, Wireline, Cable, Hosted and Managed Services, and Corporate, Eliminations and Other. The U.S. Cellular segment provides wireless telecommunications services to the customers.
