FBR & Co. issued a report on Sprint Corporation (NYSE:S), hiking its target to $8.00 earlier today
- Updated: October 19, 2016
Boasting a price of $6.86, Sprint Corporation (NYSE:S) traded -0.87% lower on the day. With the last stock price close up 37.76% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Sprint Corporation has recorded a 50-day average of $6.60 and a two hundred day average of $4.98. Volume of trade was up over the average, with 46,109,986 shares of S changing hands over the typical 22,428,600
FBR & Co. bumped up the target of Sprint Corporation (NYSE:S) to $8.00 stating a potential upside of 0.17%.
On Thursday October 13, 2016, Macquarie released a statement for Sprint Corporation (NYSE:S) bumped up the target price from $7.00 to $8.00 that suggested an upside of 0.18%.
With a total market value of $0, Sprint Corporation has with a one year low of $2.18 and a one year high of $7.16 .
A total of 21 equity analysts have released a ratings update on S. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, nineteen equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally four equity analysts rating the company a sell with a one year target of $7.28.
Brief Synopsis About Sprint Corporation (NYSE:S)
Sprint Corporation (Sprint) is a holding company. The Company, along with its subsidiaries, is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It operates through two segments: Wireless and Wireline. The Company offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis. The Wireline segment provides voice, data and Internet Protocol (IP) communication services to its Wireless segment. The Company offers wireless and wireline services to subscribers in approximately 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless on its wireless networks utilizing various technologies.
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