Matthias Volkert analyst at DZ BANK AG reiterates coverage on Verizon (VZ) in the Technology sector with a Sell rating. TipRanks.com has Volkert rated as a 0.2 star analyst with a 38% return on investment and a -27.2% success rate. Volkert has set a price target of $ 44.
TipRanks.com reports that Verizon currently has 7 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $55.20. The target pricing ranges from a high forecast of $64.00 down to a low forecast of $44.00. Verizon (VZ)’s last closing price was $$47.77 which would put the average price target at 15.55% upside.
In addition, TradingView issued a Sell rating for VZ over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on VZ.
Other analysts covering VZ include:
- Douglas Mitchelson of Credit Suisse issued a Hold rating with the price target of $ 58 on 1 week ago
- Brett Feldman of Goldman Sachs issued a Hold rating with the price target of n/a on 1 week ago
- Kannan Venkateshwar of Barclays issued a Hold rating with the price target of $ 53 on 1 week ago
- Frank Louthan of Raymond James issued a Buy rating with the price target of n/a on 1 week ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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