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Wall Street's Thoughts on AT&T Inc. (T) Stock

Monday, June 01, 2020 03:16 PM | InvestorsObserver Analysts

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Wall Street's Thoughts on AT&T Inc. (T) Stock

Wall Street is positive on AT&T Inc. (T). On average, analysts give AT&T Inc. a Buy rating. The average price target is $35.058, which means analysts expect the stock to gain by 13.13% over the next twelve months.

That average ranking earns AT&T Inc. an Analyst Rating of 28, which is better than 28% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.6
Wall Street analysts are rating T a Buy today. Find out what this means to you and get the rest of the rankings on T!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.

InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With AT&T Inc. Stock Today?

AT&T Inc. (T) stock is trading at $30.99 as of 3:08 PM on Monday, Jun 1, an increase of $0.18, or 0.58% from the previous closing price of $30.81. The stock has traded between $30.60 and $31.24 so far today. Volume today is low. So far 15,715,100 shares have traded compared to average volume of 36,399,208 shares.

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