Bulls vs Bears
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Verizon Communications Inc has a consensus price target of $45.1 based on the ratings of 27 analysts. The high is $57 issued by Loop Capital on September 21, 2021. The low is $36 issued by Goldman Sachs on July 26, 2023. The 3 most-recent analyst ratings were released by TD Cowen, JP Morgan, and RBC Capital on July 23, 2024, respectively. With an average price target of $46 between TD Cowen, JP Morgan, and RBC Capital, there's an implied 11.68% upside for Verizon Communications Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Verizon Communications (NYSE:VZ) was reported by TD Cowen on July 23, 2024. The analyst firm set a price target for $51.00 expecting VZ to rise to within 12 months (a possible 23.82% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Verizon Communications (NYSE:VZ) was provided by TD Cowen, and Verizon Communications maintained their buy rating.
The last upgrade for Verizon Communications Inc happened on March 22, 2024 when Redburn Atlantic raised their price target to $39. Redburn Atlantic previously had a sell for Verizon Communications Inc.
The last downgrade for Verizon Communications Inc happened on January 31, 2024 when Barclays changed their price target from N/A to $44 for Verizon Communications Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Verizon Communications, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Verizon Communications was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.
While ratings are subjective and will change, the latest Verizon Communications (VZ) rating was a maintained with a price target of $48.00 to $51.00. The current price Verizon Communications (VZ) is trading at is $41.19, which is out of the analyst’s predicted range.
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