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Verizon Communications Inc has a consensus price target of $44.78 based on the ratings of 26 analysts. The high is $52 issued by Tigress Financial on May 17, 2024. The low is $36 issued by Goldman Sachs on July 26, 2023. The 3 most-recent analyst ratings were released by RBC Capital, RBC Capital, and Keybanc on September 23, 2024, September 9, 2024, and September 6, 2024, respectively. With an average price target of $44 between RBC Capital, RBC Capital, and Keybanc, there's an implied -0.12% downside 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 RBC Capital on September 23, 2024. The analyst firm set a price target for $46.00 expecting VZ to rise to within 12 months (a possible 4.41% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for Verizon Communications (NYSE:VZ) was provided by RBC Capital, and Verizon Communications maintained their sector perform 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 September 23, 2024 so you should expect the next rating to be made available sometime around September 23, 2025.
While ratings are subjective and will change, the latest Verizon Communications (VZ) rating was a maintained with a price target of $42.00 to $46.00. The current price Verizon Communications (VZ) is trading at is $44.06, which is within the analyst’s predicted range.
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