T-Mobile US Inc Surpasses Analyst Targets: What’s Next for Investors?
Recently, T-Mobile US Inc (Symbol: TMUS) saw its shares rise above the average 12-month analyst target price of $241.54, trading at $244.92 a share. When a stock obtains this target level set by analysts, they face an important choice: downgrade because of valuation or raise their target price. Analysts might also consider the company’s recent developments when deciding on their ratings—if performance is improving, higher targets may be warranted.
Diverse Analyst Opinions Fuel More Discussion
A total of 27 analysts contribute to the average target for T-Mobile US Inc. However, this figure is a simple average and does not capture the full range of opinions. For instance, one analyst holds a significantly lower target of $143.48, while another suggests a price point as high as $271.00. The standard deviation of these estimates is $23.565, indicating varied expectations.
Understanding Market Sentiment
Examining the average price target provides a “wisdom of crowds” perspective, aggregating various analyst insights. As T-Mobile’s shares exceed the $241.54 threshold, investors should reassess their positions. They must decide whether they believe this is a precursor to even higher targets or if current valuations have become too high, prompting a possible sale of shares. Below is a comprehensive table showcasing the analysts’ recent ratings on T-Mobile US Inc:
| Recent TMUS Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 19 | 19 | 20 | 19 |
| Buy ratings: | 3 | 3 | 3 | 3 |
| Hold ratings: | 4 | 4 | 1 | 2 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 1 | 1 | 1 | 1 |
| Average rating: | 1.54 | 1.54 | 1.34 | 1.42 |
The average rating displayed in the table is rated from 1 to 5, where 1 signifies Strong Buy and 5 indicates Strong Sell. This article utilizes data provided by Zacks Investment Research through Quandl.com. For more information, you can access the latest Zacks research report on TMUS — FREE.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
