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Dish Network Corp. (NDAQ:DISH) target price lowered to $54.00, reported today by RBC Capital Markets

Yesterday Dish Network Corp. (NDAQ:DISH) traded -1.81% lower at $50.43. The company’s 50-day moving average is $57.41 and its 200-day moving average is $61.78. The last stock close price is down -14.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 559,053 shares of the stock were exchanged, down from an average trading volume of 1,863,460

Dish Network Corp. (NDAQ:DISH) had its target price lowered to $54.00 by RBC Capital Markets in a report released 11/23/2017. The new target price indicates a possible upside of 0.07% based on the company's last stock close price.

Previously on Wednesday November 22, 2017, RBC Capital Markets reported about Dish Network Corp. (NDAQ:DISH) lowered the target price from $56.00 to $54.00. At the time, this indicated a possible upside of 0.07%.

See Chart Below

Dish Network Corp. (NDAQ:DISH)

Dish Network Corp. has a 52 week low of $52.14 and a 52 week high of $66.50 with a P/E ratio of 24.66 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 22 firms have reported on the stock. The consensus target price is $71.64 with 4 firms rating the stock a strong buy, 6 firms rating the stock a buy, 14 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Dish Network Corp. (NDAQ:DISH)

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations. The Sling branded pay-TV services consist of live, linear streaming over-the-top Internet-based domestic, international and Latino video programing services. The Company markets broadband services under the dishNET brand. The Company makes investments in the research and development, wireless testing and wireless network infrastructure.

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