Market Update: AT&T Inc (NYSE:T) – Analyst Recommendations for AT&T: ‘Buy’ or ‘Hold’

[Market Realist] – The proportion of “buy” and “hold” recommendations by Wall Street’s analysts on AT&T’s stock were equal as of March 11, 2016. Read more on this. AT&T, Inc. (T) , valued at $239.98B, started the session at $38.77. Looking at the equity, the company’s one day range is $38.72 to $39.19 with its 52-week range being $30.97 to $39.19. Priced at 13.60x this year’s forecasted earnings, T shares are relatively inexpensive compared to the industry’s 15.48x forward p/e ratio. The company pays shareholders $1.92 per share in dividend income per year, for a current yield of 5.01%. According to a consensus of 21 analysts, the earnings estimate of $0.69 per share would be $0.06 better than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.85 would be a $0.14 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $41.28 Billion. If realized, that would be a 26.70% increase over the year-ago quarter. More recently, Deutsche Bank Initiated T at Buy (Feb 24, 2016). Previously, DA Davidson Initiated T at to Buy. Investors should keep in mind is that the average price target is $37.85, which is 2.37% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update (NYSE:T): Sprint Seen ‘Pulling Away’ From Prepaid As AT&T, T-Mobile Battle Market Update: AT&T Inc (NYSE:T) – Analysts Now Showing That AT&T Will Win From Cord-Cutters Market Update: AT&T Inc (NYSE:T) – AT&T Launches Next Generation IP Network Service For 9-1-1