T-Mobile US Coverage Initiated by Analysts at BMO Capital Markets (TMUS)
Stock analysts at BMO Capital Markets started coverage on shares of T-Mobile US (NASDAQ:TMUS) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $40.00 price target on the stock. BMO Capital Markets’ price target suggests a potential upside of 21.25% from the stock’s previous close.
T-Mobile US (NASDAQ:TMUS) traded down 1.30% during mid-day trading on Tuesday, hitting $32.56. The stock had a trading volume of 909,648 shares. T-Mobile US has a 1-year low of $22.95 and a 1-year high of $35.50. The stock’s 50-day moving average is $33.51 and its 200-day moving average is $32.07. The company’s market cap is $26.143 billion.
T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.19) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.10) by $0.09. The company had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $6.92 billion. Analysts expect that T-Mobile US will post $0.21 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on TMUS. Analysts at Pacific Crest initiated coverage on shares of T-Mobile US in a research note on Friday, June 27th. They set an “outperform” rating and a $40.00 price target on the stock. Separately, analysts at Macquarie downgraded shares of T-Mobile US from an “outperform” rating to a “neutral” rating in a research note on Monday, June 2nd. Finally, analysts at Macquarie raised their price target on shares of T-Mobile US from $37.00 to $38.00 in a research note on Tuesday, May 27th. They now have an “outperform” rating on the stock. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $35.79.
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