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Centurylink Inc (NYSE:CTL) has been downgraded to Hold in a statement by BidaskClub earlier today.

BidaskClub has downgraded Centurylink Inc (NYSE:CTL) to Hold in a statement released on Tuesday June 20, 2017.

Boasting a price of $24.70, Centurylink Inc (NYSE:CTL) traded 1.50% higher on the day. With the last stock price close up -18.93% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Centurylink Inc has recorded a 50-day average of $20.59 and a two hundred day average of $23.41. Volume of trade was up over the average, with 13,886,792 shares of CTL changing hands over the typical 10,684,900

Performance Chart

Centurylink Inc (NYSE:CTL)

With a total market value of $0, Centurylink Inc has 52 week low of $18.19 and a 52 week high of $33.45 with a P/E ratio of 27.51 .

In addition to BidaskClub reporting its target price, a total of 15 firms have issued a report on the stock. The consensus target price is $29.60 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 10 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

General Information About Centurylink Inc (NYSE:CTL)

CenturyLink, Inc. is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. Its segments include business, which provides strategic, legacy and data integration products and services to small, medium and enterprise business, wholesale and governmental customers, including other communication providers, and consumer, which provides strategic and legacy products and services to residential customers. Its communications services include local and long-distance voice, broadband, Multi-Protocol Label Switching (MPLS), private line (including special access), Ethernet, colocation, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology and other ancillary services. As of December 31, 2016, it served approximately 5.9 million broadband subscribers and 325,000 Prism TV subscribers.

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