Verizon Communications (VZ)
(Real Time Quote from BATS)
$40.71 USD
-0.45 (-1.09%)
Updated Nov 7, 2024 01:32 PM ET
3-Hold of 5 3
A Value C Growth B Momentum B VGM
Verizon Communications (VZ) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$46.19 | $55.00 | $37.00 | 12.22% |
Price Target
Based on short-term price targets offered by 23 analysts, the average price target for Verizon Communications comes to $46.19. The forecasts range from a low of $37.00 to a high of $55.00. The average price target represents an increase of 12.22% from the last closing price of $41.16.
Analyst Price Targets (23)
Broker Rating
Verizon Communications currently has an average brokerage recommendation (ABR) of 2.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms. The current ABR compares to an ABR of 2.30 a month ago based on 23 recommendations.
Of the 24 recommendations deriving the current ABR, seven are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 29.17% and 8.33% of all recommendations. A month ago, Strong Buy made up 34.78%, while Buy represented 8.7%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 8 | 7 | 7 |
Buy | 2 | 2 | 2 | 2 | 3 |
Hold | 14 | 14 | 12 | 13 | 13 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 0 |
ABR | 2.42 | 2.42 | 2.30 | 2.39 | 2.24 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/24/2024 | KeyBanc Capital Markets | Brandon Nispel | Strong Buy | Hold |
10/18/2024 | Scotiabank | Maher Yaghi | Hold | Hold |
10/14/2024 | Wells Fargo Securities | Eric T Luebchow | Hold | Hold |
10/10/2024 | Cowen & Co. | Gregory Williams | Strong Buy | Strong Buy |
10/1/2024 | Not Identified | Not Identified | Hold | Hold |
9/30/2024 | Tigress Financial Partners | Ivan Feinseth | Moderate Buy | Moderate Buy |
9/25/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/25/2024 | Atlantic Equities | Steve Malcolm | Hold | Hold |
9/15/2024 | Daiwa America | Jonathan Kees | Strong Buy | Strong Buy |
9/15/2024 | UBS | John C Hodulik | Hold | Hold |
9/6/2024 | Evercore Partners | Kutgun Maral | Not Available | Hold |
9/5/2024 | MoffettNathanson | Craig Moffett | Hold | Hold |
9/4/2024 | Edward D. Jones & Company | David Heger | Hold | Hold |
9/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/31/2024 | New Street Research | Jonathan Chaplin | Hold | Hold |
7/29/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/23/2024 | Not Identified | Not Identified | Hold | Hold |
7/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/1/2024 | Raymond James | Frank G Louthan | Moderate Buy | Moderate Buy |
7/1/2024 | Goldman Sachs | James E Schneider | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.42 |
ABR (Last week) | 2.42 |
# of Recs in ABR | 24 |
Average Target Price | $46.19 |
LT Growth Rate | 3.00% |
Industry | Wireless National |
Industry Rank by ABR | 146 of 252 |
Current Quarter EPS Est: | 1.11 |
VZ FAQs
Verizon Communications Inc. (VZ) currently has an average brokerage recommendation (ABR) of 2.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms.
The average price target for Verizon Communications Inc. (VZ) is $46.19. The current on short-term price targets is based on 10 reports.
The forecasts for Verizon Communications Inc. (VZ) range from a low of $37 to a high of $55. The average price target represents a increase of $12.22 from the last closing price of $41.16.
The current UPSIDE for Verizon Communications Inc. (VZ) is 12.22%
Based on short-term price targets offered by 23 analysts, the average price target for Verizon Communications comes to $46.19. The forecasts range from a low of $37.00 to a high of $55.00. The average price target represents an increase of 12.22% from the last closing price of $41.16.