DISH Network Corp. Price Target Raised to $65.00 at Deutsche Bank (DISH)
Analysts at Deutsche Bank lifted their price objective on shares of DISH Network Corp. (NASDAQ:DISH) from $58.00 to $65.00 in a research report issued to clients and investors on Wednesday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 13.86% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Brean Capital reiterated a “buy” rating on shares of DISH Network Corp. in a research note on Wednesday. They now have a $62.00 price target on the stock, up previously from $55.00. Separately, analysts at Citigroup Inc. downgraded shares of DISH Network Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, February 14th. They noted that the move was a valuation call. Finally, analysts at Buckingham Research initiated coverage on shares of DISH Network Corp. in a research note on Monday, January 27th. They set a “neutral” rating on the stock. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $53.11.
Shares of DISH Network Corp. (NASDAQ:DISH) traded down 0.68% on Wednesday, hitting $56.70. The stock had a trading volume of 649,878 shares. DISH Network Corp. has a one year low of $33.79 and a one year high of $58.87. The stock’s 50-day moving average is $56.49 and its 200-day moving average is $50.78. The company has a market cap of $25.957 billion and a price-to-earnings ratio of 35.93. DISH Network Corp. also was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,791,814 shares, a decrease of 28.7% from the January 15th total of 8,122,475 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average trading volume of 2,898,720 shares, the short-interest ratio is presently 2.0 days.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.