MoffettNathanson disclosed CenturyLink (NYSE:CTL), boosting its price target to $23.00 earlier today
- Updated: March 19, 2017
Having a price of $24.61, CenturyLink (NYSE:CTL) traded 1.20% higher on the day. With the last stock price down -7.22% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. CTL has recorded a 50-day average of $24.27 and a two hundred day average of $25.49. Trade Volume was up over the average, with 24,891,583 shares of CTL changing hands over the typical 7,640,560
Reporting a potential downside of -0.07%, MoffettNathanson upped the price target of CenturyLink (NYSE:CTL) to $23.00
On 02/27/2017, Vetr Inc. released a statement about CenturyLink (NYSE:CTL) upped the target price from $0.00 to $26.40 that suggested an upside of 0.07%.
Recent Performance Chart
CenturyLink has PE ratio of 20.39 with a one year low of $22.37 and a one year high of $33.45 and has a market capitalization of $0.
A total of 15 brokerages have issued a ratings update on CenturyLink. One brokerage rating the company a strong buy, three brokerages rating the company a buy, ten brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $29.60.
General Company Details For CenturyLink (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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.