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T-Mobile US Inc (NASDAQ:TMUS) target price lowered to $65.92, issued a report today by Drexel Hamilton

Boasting a price of $65.64, T-Mobile US Inc (NASDAQ:TMUS) traded 0.59% higher on the day. With the last stock price close up -3.57% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. T-Mobile US Inc has recorded a 50-day average of $62.84 and a two hundred day average of $63.82. Volume of trade was down over the average, with 933,430 shares of TMUS changing hands under the typical 3,613,410

T-Mobile US Inc (NASDAQ:TMUS) had its stock price target reduced to $65.92 by Drexel Hamilton in a report released 06/08/2017. The new stock price target indicates improbable upside the company's most recent stock price close.

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With a total market value of $0, T-Mobile US Inc has price-earnings ratio of 26.08 with a one year low of $45.07 and a one year high of $68.88 .

A total of 28 equity analysts have released a ratings update on TMUS. Nine equity analysts rating the company a strong buy, fifteen brokerages rating the company a buy, six brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $47.21.

More About T-Mobile US Inc (NASDAQ:TMUS)

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers. The company offers services, devices, and accessories under the T-Mobile and MetroPCS brands through its owned and operated retail stores, as well as Websites. T-Mobile US, Inc. also sells its devices and accessories to dealers and other third party distributors for resale through independent third-party retail outlets and various third-party Websites. As of December 31, 2016, it had approximately 2,000 T-Mobile and MetroPCS retail locations, including stores and kiosks. The company was founded in 1994 and is headquartered in Bellevue, Washington. T-Mobile US, Inc. is as a subsidiary of Deutsche Telekom Holding B.V.

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