Where Does Wall Street Think Verizon Communications Inc. (VZ) Stock Will Go?

InvestorsObserver is giving Verizon Communications Inc. (VZ) an Analyst Rating Rank of 17, meaning VZ is ranked higher by analysts than 17% of stocks. The average price target for VZ is $48.842 and analyst’s rate the stock as a Buy.

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!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

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

Verizon Communications Inc. (VZ) stock is trading at $38.53 as of 11:37 AM on Monday, Nov 28, a loss of -$0.48, or -1.23% from the previous closing price of $39.01. The stock has traded between $38.51 and $39.09 so far today. Volume today is less active than usual. So far 5,272,837 shares have traded compared to average volume of 23,470,590 shares. Click Here to get the full Stock Report for Verizon Communications Inc. stock.