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NYSE:VZVerizon Communications Price Target & Analyst Ratings

+0.09 (+0.15 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $58.60
50-Day Range
MA: $56.03
52-Week Range
Now: $58.60
Volume10.80 million shs
Average Volume17.85 million shs
Market Capitalization$242.49 billion
P/E Ratio12.71
Dividend Yield4.20%

Analyst Ratings

Verizon Communications (NYSE:VZ) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
23 Wall Street analysts have issued ratings and price targets for Verizon Communications in the last 12 months. Their average twelve-month price target is $62.00, suggesting that the stock has a possible upside of 5.80%. The high price target for VZ is $70.00 and the low price target for VZ is $54.00. There are currently 15 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.392.382.362.38
Ratings Breakdown: 0 Sell Rating(s)
15 Hold Rating(s)
7 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
14 Hold Rating(s)
6 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
15 Hold Rating(s)
6 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $62.00$61.61$61.41$63.69
Price Target Upside: 5.80% upside11.68% upside5.63% upside7.15% upside

Verizon Communications (NYSE:VZ) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Verizon Communications (NYSE:VZ) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/12/2020OppenheimerInitiated CoverageBuy$70.00Low
8/11/2020Tigress FinancialReiterated RatingHoldLow
7/27/2020UBS GroupBoost Price TargetNeutral$59.00 ➝ $60.00Low
7/27/2020ScotiabankBoost Price TargetSector Outperform$63.00 ➝ $64.00Low
7/27/2020Raymond JamesBoost Price TargetOutperform$61.00 ➝ $64.00Low
7/26/2020Royal Bank of CanadaReiterated RatingHold$57.00Low
7/24/2020Moffett NathansonReiterated RatingHold$62.00Low
7/2/2020Credit Suisse GroupReiterated RatingHold$61.00Low
4/28/2020Robert W. BairdLower Price TargetNeutral$60.00 ➝ $58.00Low
4/28/2020SunTrust BanksBoost Price TargetBuy$60.00 ➝ $65.00Low
4/27/2020CitigroupBoost Price TargetNeutral$55.00 ➝ $60.00Low
4/26/2020NomuraReiterated RatingHold$61.00Low
4/17/2020JPMorgan Chase & Co.Lower Price TargetNeutral$63.00 ➝ $62.00Medium
4/17/2020BarclaysReiterated RatingHold$54.00Low
4/17/2020Morgan StanleyLower Price TargetEqual Weight$61.00 ➝ $60.00Low
4/1/2020Goldman Sachs GroupUpgradeBuy ➝ Conviction-BuyLow
3/30/2020Nomura SecuritiesLower Price TargetNeutral$65.00 ➝ $61.00Medium
3/2/2020CowenUpgradeMarket Perform ➝ Outperform$61.00High
1/22/2020Deutsche BankInitiated CoverageHold$63.00Low
1/10/2020New Street ResearchReiterated RatingBuyLow
11/14/2019HSBCDowngradeBuy ➝ Hold$65.00Low
10/28/2019GuggenheimBoost Price TargetBuy$65.00 ➝ $69.00Low
10/15/2019Sanford C. BernsteinInitiated CoverageMarket Perform$63.00Low
4/23/2019Bank of AmericaSet Price TargetBuy$64.00Low
6/7/2018Jefferies Financial GroupInitiated CoverageHold$52.00Low
4/25/2018William BlairReiterated RatingMarket PerformLow
1/24/2018MacquarieReiterated RatingHold$54.00Medium
1/22/2018Howard WeilUpgradeSector Perform ➝ Sector OutperformHigh
1/22/2018Scotia Howard WeillUpgradeSector Perform ➝ Sector OutperformHigh
1/2/2018KeyCorpBoost Price TargetSector Weight ➝ Sector Weight$50.00 ➝ $53.00Medium
12/12/2017Nomura InstinetBoost Price TargetNeutral ➝ Buy$47.00 ➝ $61.00Low
11/20/2017Wells Fargo & CoUpgradeMarket Perform ➝ Outperform$50.00N/A
(Data available from 8/14/2018 forward)
This page was last updated on 8/14/2020 by MarketBeat.com Staff

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