Raymond James Believes T Mobile US (TMUS) Still Has Room to Grow


In a report released yesterday, Ric Prentiss from Raymond James assigned a Buy rating to T Mobile US (TMUS). The company’s shares closed last Thursday at $130.60, close to its 52-week high of $135.54.

According to TipRanks.com, Prentiss is a 3-star analyst with an average return of 1.8% and a 65.8% success rate. Prentiss covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Telephone & Data Systems, and United States Cellular.

T Mobile US has an analyst consensus of Strong Buy, with a price target consensus of $148.40, representing a 13.6% upside. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $160.00 price target.

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T Mobile US’s market cap is currently $162.1B and has a P/E ratio of 43.10. The company has a Price to Book ratio of -4.68.

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T-Mobile US, Inc. engages in the provision of wireless communications services under the T-Mobile and MetroPCS brands. It offers postpaid and prepaid wireless voice, messaging and data services and wholesale wireless services. The company was founded in 1994 and is headquartered in Bellevue, WA.

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