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CenturyLink (NYSE:CTL) has been given an average rating of “Hold” by the fifteen analysts that are currently covering the stock, AnalystRatings.Net reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $36.39.

A number of research firms have recently commented on CTL. Analysts at DA Davidson raised their price target on shares of CenturyLink from $30.00 to $38.00 in a research note on Thursday. They now have an “underperform” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of CenturyLink from $38.00 to $43.00 in a research note on Thursday. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CenturyLink in a research note on Wednesday, July 30th. They now have a $40.00 price target on the stock, up previously from $36.00.

CenturyLink (NYSE:CTL) opened at 39.86 on Wednesday. CenturyLink has a 52-week low of $27.93 and a 52-week high of $45.67. The stock’s 50-day moving average is $37.39 and its 200-day moving average is $34.36. The company’s market cap is $22.637 billion. CenturyLink also was the recipient of unusually large options trading on Friday. Traders bought 6,031 call options on the stock. This is an increase of approximately 238% compared to the typical daily volume of 1,783 call options.

CenturyLink (NYSE:CTL) last announced its earnings results on Wednesday, August 6th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.64 by $0.08. The company had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.50 billion. During the same quarter last year, the company posted $0.69 earnings per share. CenturyLink’s revenue was up .4% compared to the same quarter last year. 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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