Sprint Corporation (NYSE:S) Currently Has A “Sector-Perform” Rating On Stock

802

Dallas, Texas 11/07/2013 (Financialstrend) – RBC Capital analyst raised Sprint Corporation (NYSE:S) PT from $6.00 to $7.00 Friday and currently have a “sector-perform” rating on the company stock.

Numerous other analysts have weighed on the stock lately. BMO Capital Markets analysts reiterated their “outperform” rating on Sprint Corporation (NYSE:S) shares on 31 October and now have a PT of $8.00 on the stock, which is up from the previous $7.00.

Deutsche Bank analysts reiterated their “buy” rating on Sprint Corporation (NYSE:S) stock on Tuesday, 29 October 29th and now have a PT of $8.00 on the stock, which is down from the previous $8.50. Macquarie analysts upgraded shares Sprint Corporation (NYSE:S) shares from a “neutral” to an “outperform” rating on Wednesday, 16 October and now have a PT of $7.50 on the stock, which is up from the previous $7.00. Three research-analysts have assigned a “sell” rating  on Sprint Corporation (NYSE:S) stock, 15 have assigned a “hold” rating, 7  have assigned a “buy” rating and 1 has assigned a “strong buy” rating to Sprint Corporation (NYSE:S) stock. Currently, the average rating on the stock is a “hold” and the average PT is $7.19.

Sprint Corporation (NYSE:S) last posted  quarterly-earnings results on Wednesday 30  October It  reported earnings per share of $0.00 for the quarter. Sprint Corporation (NYSE:S) had revenue of $8.68B for the quarter, in comparison to the average estimate of $8.69B.

Wednesday’s trading

In Wednesday’s trading, Sprint Corporation (NYSE:S) dropped by 1.67%. The opening price of the shares was $7.21, which climbed to an intraday high of $7.28 and dipped to a close of $7.07. Approximately 16.78 million shares were traded on Wednesday while an average volume of 17.71 million shares were traded over a 30 day period. The 52-week low of Sprint Corporation (NYSE:S) shares is $5.15 and its 52-week high is $7.36. The company has a market capitalization of $28.24 billion.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.