Key Highlights:
- Seeking Alpha has downgraded AT&T (T, Financial) from a "buy" to a "hold."
- Analysts provide a price target range, with an average target implying a slight upside.
- The GF Value indicates a potential downside based on historical and forecasted estimates.
Analyst Downgrade: Seeking Alpha's Decision
Seeking Alpha analysts have recently downgraded AT&T (T) from a "buy" to a "hold." This decision reflects growing concerns about the telecom giant's strategic choices. Analysts cite AT&T's focus on complex acquisitions over debt reduction and innovation as key factors in this reassessment. Coupled with a moderate 4% dividend yield, AT&T may appear less attractive to investors who prioritize growth.
Wall Street Analysts Forecast: Price Target Insights
Analysis from 27 Wall Street analysts presents a varied perspective on AT&T Inc (T, Financial). The consensus offers an average target price of $28.54, with high and low estimates at $32.00 and $17.80, respectively. This average forecast suggests a potential upside of 3.67% from the current stock price of $27.54. Investors can explore further estimates on the AT&T Inc (T) Forecast page.
Brokerage Consensus: Outperform Status
The collective insights of 31 brokerage firms have positioned AT&T Inc (T, Financial) at an "Outperform" rating, with an average score of 2.1. This evaluation uses a scale where 1 reflects a Strong Buy, and 5 indicates a Sell, highlighting a general favorability towards AT&T's market performance.
GuruFocus GF Value: Assessing Fair Value
According to GuruFocus estimates, the projected GF Value for AT&T Inc (T, Financial) in the coming year is $19.43. This projection anticipates a downside of 29.44% from the current price of $27.535. The GF Value metric offers a calculated fair value based on historical trading multiples and growth trajectories, alongside future business performance estimates. For more comprehensive insights, head to the AT&T Inc (T) Summary page.
