In a report released today, Simon Flannery from Morgan Stanley maintained a Hold rating on United States Cellular (USM – Research Report), with a price target of $24.00. The company’s shares opened today at $23.60.
Flannery covers the Technology sector, focusing on stocks such as T Mobile US, AT&T, and BCE. According to TipRanks, Flannery has an average return of 7.6% and a 63.14% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for United States Cellular with a $25.50 average price target.
See Insiders’ Hot Stocks on TipRanks >>
USM market cap is currently $2.05B and has a P/E ratio of 24.60.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of USM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
United States Cellular Corp. engages in the provision of wireless telecommunication services. Its products include smartphones, tablets, vehicle routers, and accessories. It offers Internet plans, prepaid and postpaid plans, and roaming services. The company was founded by Leroy T. Carlson in 1983 and is headquartered in Chicago, IL.
Read More on USM:
