Verizon Communications Inc. (VZ) Stock: Do Analysts Think You Should Accumulate?

Analysts who follow Verizon Communications Inc. (VZ) on average expect it to climb 6.85% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns VZ an Analyst Ranking of 30, which means it ranks higher than 30 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating VZ a Buy today. Find out what this means to you and get the rest of the rankings on VZ!

See Full VZ Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Verizon Communications Inc. Stock Today?

Verizon Communications Inc. (VZ) stock has risen 1.21% while the S&P 500 is down -0.15% as of 10:27 AM on Tuesday, Jan 16. VZ is up $0.47 from the previous closing price of $38.56 on volume of 3,984,168 shares. Over the past year the S&P 500 has gained 19.68% while VZ is down -4.48%. VZ earned $4.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.88. Click Here to get the full Stock Report for Verizon Communications Inc. stock.