T-Mobile US Downgraded to Buy at Goldman Sachs Group Inc. (TMUS)
T-Mobile US (NYSE:TMUS) was downgraded by equities research analysts at Goldman Sachs Group Inc. to a “buy” rating in a research note issued to investors on Friday, American Banking & Market News reports.
T-Mobile US (NYSE:TMUS) traded down 3.27% on Friday, hitting $32.28. The stock had a trading volume of 8,686,132 shares. T-Mobile US has a one year low of $16.01 and a one year high of $34.10. The stock’s 50-day moving average is $28.00 and its 200-day moving average is $25.77. The company has a market cap of $23.522 billion and a price-to-earnings ratio of 161.21.
A number of other firms have also recently commented on TMUS. Analysts at JPMorgan Chase & Co. cut their price target on shares of T-Mobile US from $33.00 to $31.00 in a research note to investors on Friday, November 22nd. Separately, analysts at Deutsche Bank raised their price target on shares of T-Mobile US from $32.00 to $36.00 in a research note to investors on Monday, November 11th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of T-Mobile US from $27.00 to $32.00 in a research note to investors on Wednesday, November 6th. They now have a “sector perform” rating on the stock. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $29.00.
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