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Shares of AT&T (NYSE:T) have received a consensus rating of “Hold” from the twenty-five brokerages that are presently covering the stock, ARN reports. Eleven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $34.93.

AT&T (NYSE:T) opened at 35.39 on Tuesday. AT&T has a 1-year low of $31.74 and a 1-year high of $36.86. The stock has a 50-day moving average of $35.52 and a 200-day moving average of $34.35. The company has a market cap of $183.7 billion and a P/E ratio of 10.32. AT&T also was the target of a large increase in short interest in the month of May. As of May 30th, there was short interest totalling 180,971,612 shares, an increase of 1.4% from the May 15th total of 178,522,399 shares. Based on an average daily trading volume, of 28,299,346 shares, the days-to-cover ratio is currently 6.4 days. Currently, 3.5% of the company’s stock are short sold.

AT&T (NYSE:T) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.69 by $0.02. The company had revenue of $32.50 billion for the quarter, compared to the consensus estimate of $32.36 million. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that AT&T will post $2.65 EPS for the current fiscal year.

A number of analysts have recently weighed in on T shares. Analysts at KeyCorp reiterated a “positive” rating on shares of AT&T in a research note on Tuesday, June 3rd. Separately, analysts at Sanford C. Bernstein initiated coverage on shares of AT&T in a research note on Thursday, May 22nd. They set a “market perform” rating on the stock. Finally, analysts at Bernstein initiated coverage on shares of AT&T in a research note on Wednesday, May 21st. They set a “market perform” rating and a $32.00 price target on the stock.

AT&T Inc (NYSE:T), is a holding company.

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