In a report released today, Ric Prentiss from Raymond James reiterated a Buy rating on Dish Network (DISH), with a price target of $48.00. The company’s shares closed last Monday at $26.30.
According to TipRanks.com, Prentiss is a 1-star analyst with an average return of -2.5% and a 62.2% success rate. Prentiss covers the Technology sector, focusing on stocks such as Telephone & Data Systems, Iridium Communications, and United States Cellular.
Currently, the analyst consensus on Dish Network is a Moderate Buy with an average price target of $35.64, which is a 36.9% upside from current levels. In a report issued on May 7, Pivotal Research also reiterated a Buy rating on the stock with a $39.00 price target.
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The company has a one-year high of $42.62 and a one-year low of $17.09. Currently, Dish Network has an average volume of 3.91M.
Based on the recent corporate insider activity of 35 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 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 operates under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets. The company was founded by Charles W. Ergen, Cantey W. Ergen and James DeFranco in 1980 and is headquartered in Englewood, CO.
