RBC Capital analyst Jonathan Atkin yesterday maintained a Hold rating on Verizon (VZ) and set a price target of $ 57.00 The company’s shares closed last Tuesday at $ 57.25
According to TipRankscom, Atkin is one of the top 25 analysts with an average return of 194% and an 822% success rate Atkin covers the technology sector, focusing on stocks such as Lumen Technologies, GDS Holdings and T Mobile US
Currently the analyst consensus on Verizon is a moderate buy with an average price target of $ 62.91 implying a 93% rise from current levels In a report released Oct. 19, Wolfe Research also initiated a hedge with a Hold note on the stock with a note of $ 62Price target 00
The market cap of Verizon is currently 240 USD2B and has a P / E ratio of 1260 The company has a price to book ratio of -357
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Verizon Communications, Inc. is a holding company, which engages in the provision of communication, information and entertainment products and services to consumers, businesses and government agencies It operates through segments Verizon Consumer Group (Consumer) and Verizon Business Group (Business) Consumer segment provides consumer-focused wireless and wireline communications products and services The Business segment provides wireless and wireline communications products and services; video and data services; business networking solutions; security and managed network services; local and long distance voice services; and network access to provide various Internet of Things (IoT) services and products The company was founded in 1983 and is headquartered in New York, NY
Verizon Communications, NYSE: VZ, Earnings
World news – US – RBC Capital maintains its holding rating on Verizon (VZ)
SOURCE: https://www.w24news.com