In a report released today, Ric Prentiss from Raymond James assigned a Buy rating to Telephone & Data Systems (TDS). The company’s shares closed last Friday at $19.09.
According to TipRanks.com, Prentiss is a 1-star analyst with an average return of 0.0% and a 67.3% success rate. Prentiss covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, Iridium Communications, and United States Cellular.
Telephone & Data Systems has an analyst consensus of Strong Buy, with a price target consensus of $35.25.
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Telephone & Data Systems’ market cap is currently $2.18B and has a P/E ratio of 10.00. The company has a Price to Book ratio of 1.56.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDS 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.
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, Telephone and Data Systems (TDS) Telecom’s Wireline and Cable. The U.S. Cellular segment provides service to postpaid and prepaid customers from a variety of demographic segments. The TDS Telecom’s Wireline segment operates Wireline and Cable subsidiaries that provide communications services. The Cable segment provides interconnected voice over internet protocol and broadband services, including internet access. The company was founded by LeRoy T. Carlson in 1968 and is headquartered in Chicago, IL.
