Time for Investors to Take the Plunge on AT&T, Inc. (NYSE:T)

Equity Research firms currently have a positive stance on shares of AT&T, Inc. (NYSE:T). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $42.70 on a short term basis.

At the time of writing, the stock was trading at $39.76. This represents a change from the opening price of -2.32%. In terms of performance, year to date, the stock is 23.00%. The monthly stock performance comes in at -0.46%. For the quarter, shares are performing at -4.90%. Weekly performance analysis shows the equity at -0.90%.

In taking a look at technical levels, shares are trading -4.30% away from the 50 day simple moving average and 2.91% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -8.61% away from it’s 52- week high and 28.09% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, AT&T, Inc.’s RSI stands at 36.88. In looking at volatility levels, the shares saw weekly volatility of 1.35% and 1.55% over the past month.

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