AT&T Inc Receives a Hold from KeyBanc

By Austin Angelo

In a report released yesterday, Brandon Nispel from KeyBanc reiterated a Hold rating on AT&T Inc (NYSE: T). The company’s shares opened today at $37.49.

According to TipRanks.com, Nispel is a 3-star analyst with an average return of 6.0% and a 64.7% success rate. Nispel covers the Technology sector, focusing on stocks such as Zayo Group Holdings, GTT Communications, and Netscout Systems.

Currently, the analyst consensus on AT&T Inc is Moderate Buy and the average price target is $42.75, representing a 14.0% upside.

In a report issued on October 2, RBC Capital also reiterated a Hold rating on the stock with a $43 price target.

AT&T Inc’s market cap is currently $234.5B and has a P/E ratio of 18.01. The company has a book value ratio of 1.8800.

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