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Shares of CenturyLink (NYSE:CTL) have earned an average rating of “Hold” from the twelve brokerages that are covering the stock, AR Network reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $32.99.

In other CenturyLink news, CFO R Stewart Ewing, Jr. unloaded 20,600 shares of the company’s stock on the open market in a transaction dated Monday, May 12th. The stock was sold at an average price of $36.75, for a total value of $757,050.00. Following the completion of the transaction, the chief financial officer now directly owns 235,134 shares of the company’s stock, valued at approximately $8,641,175. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

CTL has been the subject of a number of recent research reports. Analysts at BMO Capital Markets downgraded shares of CenturyLink from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 6th. They now have a $33.00 price target on the stock, up previously from $32.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of CenturyLink in a research note on Friday, March 14th. They now have a $32.00 price target on the stock.

CenturyLink (NYSE:CTL) opened at 37.83 on Friday. CenturyLink has a 52 week low of $27.93 and a 52 week high of $38.10. The stock has a 50-day moving average of $34.58 and a 200-day moving average of $31.92. The company’s market cap is $21.667 billion.

CenturyLink (NYSE:CTL) last announced its earnings results on Wednesday, May 7th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.05. The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.48 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up .6% on a year-over-year basis. On average, analysts predict that CenturyLink will post $2.63 earnings per share for the current fiscal year.

CenturyLink, Inc (NYSE:CTL) is an integrated communications company.

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