Wall Street is positive on Consolidated Communications Holdings Inc (CNSL). On average, analysts give Consolidated Communications Holdings Inc a Hold rating. The average price target is $6.166, which means analysts expect the stock to gain by 11.70% over the next twelve months.
That average ranking earns Consolidated Communications Holdings Inc an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating CNSL a Hold today. Find out what this means to you and get the rest of the rankings on CNSL!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Consolidated Communications Holdings Inc Stock Today?
Consolidated Communications Holdings Inc (CNSL) stock is trading at $5.52 as of 12:38 PM on Thursday, Sep 15, a loss of -$0.06, or -1.08% from the previous closing price of $5.58. The stock has traded between $5.38 and $5.64 so far today. Volume today is below average. So far 141,883 shares have traded compared to average volume of 264,959 shares.
Click Here to get the full Stock Report for Consolidated Communications Holdings Inc stock.
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