Verizon Communications (VZ)
(Delayed Data from NYSE)
$39.95 USD
+0.28 (0.71%)
Updated Jul 25, 2024 04:00 PM ET
After-Market: $40.00 +0.05 (0.13%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth C Momentum A VGM
Verizon Communications (VZ) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$45.71 | $53.00 | $38.76 | 15.23% |
Price Target
Based on short-term price targets offered by 23 analysts, the average price target for Verizon Communications comes to $45.71. The forecasts range from a low of $38.76 to a high of $53.00. The average price target represents an increase of 15.23% from the last closing price of $39.67.
Analyst Price Targets (23)
Broker Rating
Verizon Communications currently has an average brokerage recommendation (ABR) of 2.24 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 23 brokerage firms. The current ABR compares to an ABR of 2.30 a month ago based on 22 recommendations.
Of the 23 recommendations deriving the current ABR, seven are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 30.43% and 13.04% of all recommendations. A month ago, Strong Buy made up 27.27%, while Buy represented 13.64%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/VZ.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 6 | 6 | 6 |
Buy | 3 | 3 | 3 | 3 | 3 |
Hold | 13 | 13 | 13 | 13 | 13 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.24 | 2.24 | 2.30 | 2.30 | 2.30 |
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 |
---|---|---|---|---|
7/23/2024 | Not Identified | Not Identified | Hold | Hold |
7/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/10/2024 | Scotiabank | Maher Yaghi | Hold | Hold |
7/1/2024 | Goldman Sachs | James E Schneider | Not Available | Strong Buy |
7/1/2024 | Raymond James | Frank G Louthan | Moderate Buy | Moderate Buy |
5/17/2024 | Tigress Financial Partners | Ivan Feinseth | Moderate Buy | Moderate Buy |
5/6/2024 | MoffettNathanson | Craig Moffett | Hold | Hold |
4/23/2024 | Wells Fargo Securities | Eric T Luebchow | Hold | Hold |
4/22/2024 | Edward D. Jones & Company | David Heger | Hold | Hold |
4/22/2024 | New Street Research | Jonathan Chaplin | Not Available | Hold |
4/1/2024 | Cowen & Co. | Gregory Williams | Strong Buy | Strong Buy |
3/22/2024 | Atlantic Equities | Steve Malcolm | Not Available | Hold |
3/15/2024 | Not Identified | Not Identified | Hold | Hold |
1/31/2024 | Not Identified | Not Identified | Strong Buy | Hold |
1/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/24/2024 | KeyBanc Capital Markets | Brandon Nispel | Strong Buy | Strong Buy |
1/24/2024 | UBS | John C Hodulik | Hold | Hold |
1/24/2024 | Daiwa America | Jonathan Kees | Not Available | Strong Buy |
1/4/2024 | Not Identified | Not Identified | 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 | 2.24 |
ABR (Last week) | 2.24 |
# of Recs in ABR | 23 |
Average Target Price | $45.71 |
LT Growth Rate | 2.40% |
Industry | Wireless National |
Industry Rank by ABR | 169 of 252 |
Current Quarter EPS Est: | 1.18 |