Breaking Finance News

Verizon Communications Inc. (NYSE:VZ) target price raised to $60.00, reported today by Vetr Inc.

In a report issued 8/18/2016 Vetr Inc. upped the target price of Verizon Communications Inc. (NYSE:VZ) from $0 to $60 reporting a possible upside of 0.14%.

On Tuesday April 26 2016, RBC Capital Markets released a statement on Verizon Communications Inc.(NYSE:VZ) lowered the target price from $58.00 to $56.00 that indicated a possible upside of 0.11%.

Having a price of $52.55, Verizon Communications Inc. (NYSE:VZ) traded 0.19% lower on the day. The last stock price close is down 1.83% from the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the date range. The company has registered a 50-day average of $53.30 and two hundred day moving average of $52.85. 19,932,330 shares of VZ exchanged hands, up from ann average volume of 13,476,600

Performance Chart:

Verizon Communications Inc. (NYSE:VZ)

Verizon Communications Inc. has a one-year low of $42.20 and a one-year high of $56.95 with a price-earnings ratio of 15. Verizon Communications Inc.’s market cap is presently $0.0.

A total of 28 brokers have reported on VZ. Six analysts rate the stock a strong buy, six analysts rate the stock a buy, 22 analyts rate the stock a hold, one analyst rate the stock to underperform, and lastly 0 brokeragesrate the stock as sell with an average target stock price of $51.93

General Information About Verizon Communications Inc. (NYSE:VZ)

Verizon Communications Inc. (Verizon) is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The Company offers voice, data and video services and solutions on its wireless and wireline networks. The Company’s segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales that are provided to consumer, business and government customers across the United States. The Wireline’s segment offers voice, data and video communications products and services, such as broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. The Company provides these products and services to consumers as well as to carriers, and businesses and government customers.

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