Smarter Analyst

Dish Network (DISH) Receives a Buy from Citigroup

Citigroup analyst Jason Bazinet maintained a Buy rating on Dish Network (DISH) today and set a price target of $40.00. The company’s shares closed last Monday at $32.98.

According to TipRanks.com, Bazinet is a 4-star analyst with an average return of 3.1% and a 56.5% success rate. Bazinet covers the Services sector, focusing on stocks such as Qurate Retail Group Inc, Charter Communications, and Clear Channel Outdoor.

Dish Network has an analyst consensus of Hold, with a price target consensus of $37.86.

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Dish Network’s market cap is currently $16.26B and has a P/E ratio of 12.17. The company has a Price to Book ratio of 1.66.

Based on the recent corporate insider activity of 41 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 Wireless segments. The Pay-TV segment is offered under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets.