T-Mobile US PT Raised to $32.00 at Nomura (TMUS)
Research analysts at Nomura hoisted their target price on shares of T-Mobile US (NYSE:TMUS) from $30.00 to $32.00 in a report released on Friday. Nomura’s price target indicates a potential downside of 4.25% from the stock’s previous close.
T-Mobile US (NYSE:TMUS) traded up 1.46% on Friday, hitting $33.42. The stock had a trading volume of 8,671,544 shares. T-Mobile US has a 1-year low of $22.95 and a 1-year high of $35.50. The stock has a 50-day moving average of $32.56 and a 200-day moving average of $31.99. The company’s market cap is $26.834 billion.
TMUS has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of T-Mobile US from $36.00 to $40.00 in a research note on Friday. Separately, analysts at BMO Capital Markets initiated coverage on shares of T-Mobile US in a research note on Tuesday, July 8th. They set an “outperform” rating and a $40.00 price target on the stock. Finally, 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. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $34.57.
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