In a report released today, Brett Feldman from Goldman Sachs maintained a Buy rating on Verizon (VZ), with a price target of $65. The company’s shares opened today at $57.15.
Feldman has an average return of 12.9% when recommending Verizon.
According to TipRanks.com, Feldman is ranked #405 out of 5195 analysts.
Currently, the analyst consensus on Verizon is a Moderate Buy with an average price target of $62, an 8.5% upside from current levels. In a report released today, Merrill Lynch also maintained a Buy rating on the stock with a $64 price target.
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Verizon’s market cap is currently $241.2B and has a P/E ratio of 15.16. The company has a Price to Book ratio of 4.44.
Based on the recent corporate insider activity of 48 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.