T-Mobile Us (NASDAQ:TMUS) Given “Buy” Rating at Sanford C. Bernstein
Sanford C. Bernstein restated their buy rating on shares of T-Mobile Us (NASDAQ:TMUS) in a research report report published on Tuesday, Borsen Zeitung reports. They currently have a $104.00 target price on the Wireless communications provider’s stock.
A number of other research analysts have also issued reports on the company. BidaskClub raised T-Mobile Us from a sell rating to a hold rating in a report on Friday, January 17th. ValuEngine lowered T-Mobile Us from a hold rating to a sell rating in a research report on Thursday, January 16th. HSBC set a $86.00 price target on T-Mobile Us and gave the company a hold rating in a research report on Thursday, November 14th. SunTrust Banks reiterated a buy rating and issued a $100.00 price target on shares of T-Mobile Us in a research report on Friday, February 7th. Finally, Nomura upgraded T-Mobile Us from a neutral rating to a buy rating and increased their price target for the company from $88.00 to $96.00 in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $94.92.
NASDAQ:TMUS opened at $96.48 on Tuesday. The business’s 50-day moving average price is $81.29 and its 200 day moving average price is $79.35. The firm has a market cap of $82.68 billion, a P/E ratio of 23.94, a PEG ratio of 1.64 and a beta of 0.43. T-Mobile Us has a 52-week low of $68.16 and a 52-week high of $96.61. The company has a quick ratio of 0.67, a current ratio of 0.74 and a debt-to-equity ratio of 1.36.
Several large investors have recently added to or reduced their stakes in TMUS. Public Employees Retirement System of Ohio boosted its position in T-Mobile Us by 0.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 187,199 shares of the Wireless communications provider’s stock worth $14,746,000 after acquiring an additional 832 shares during the period. Findlay Park Partners LLP boosted its position in T-Mobile Us by 108.0% during the 3rd quarter. Findlay Park Partners LLP now owns 3,370,554 shares of the Wireless communications provider’s stock worth $265,499,000 after acquiring an additional 1,750,000 shares during the period. New Mexico Educational Retirement Board acquired a new stake in T-Mobile Us during the 3rd quarter worth about $1,922,000. Oakbrook Investments LLC acquired a new stake in T-Mobile Us during the 3rd quarter worth about $733,000. Finally, Cleararc Capital Inc. acquired a new stake in T-Mobile Us during the 3rd quarter worth about $376,000. Institutional investors and hedge funds own 33.86% of the company’s stock.
About T-Mobile Us
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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