United States Cellular(NYSE: USM) has received a “Buy” consensus recommendation from the eight firms that are covering it. Two analysts issued a rating of “sell” on the company’s stocks, four analysts issued a rating of “buy” on the company’s stocks and one analyst issued a rating of “strong-buy” on the company’s stocks. The twelve-month average price target amidst the brokerages is $42.50.
USM shares have been the topic of many research reports. ValuEngine raised its ratings on the company’s stocks from “strong sell” to “sell” on December 1st, Tuesday.B.Riley have lowered the price objective on the company’s stocks from $34.00 – $31.00 and issued a rating of “neutral” on the company’s stocks on November 3rd, Tuesday. Wells Fargo reissued its rating of “overweight” and set a price target of $36.00 on the company’s shares on November 16th, Monday.
Citigroup raised the price target of the company’s shares from $45.00 – $46.00 and issued a rating of “buy” on the company’s stocks on August 31st, Monday. Lastly, Morgan Stanley increased the price target of the company’s shares from $56,00 – $57.00 and issued a rating of “overweight” on the company’s stocks on August 27th, Thursday.
More Details On USM Stock
USM opened on Monday at $30.55.The company has $2.63 billion in market capitalization, a 14.83 P/E ratio, and a 0.77 beta. The firm has 0.37 as the ratio between the debt and equity, a 246 current ratio, and a 2.26 quick ratio. The firm has $23.91 as its one-year low and $37.75 as its one-year high. The company has a moving average of $30.81 for 50 days and a moving average of $31.76 for 200 days.
USM provides telecommunication wireless services across the US. The firm offers prepaid and postpaid service plans along with data usage and voice messaging option services.