B.Riley FBR analyst Zachary Silver maintained a Buy rating on Telephone & Data Systems (NYSE:TDS) on Wednesday, setting a price target of $27, which is approximately 37.47% above the present share price of $19.64.
Silver expects Telephone & Data Systems to post earnings per share (EPS) of $0.60 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Telephone & Data Systems, with an average price target of $34.25.
The analysts price targets range from a high of $41.5 to a low of $27.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.26 billion and a net profit of $76 million. The company's market cap is $2.23 billion.
According to TipRanks.com, B.Riley FBR analyst Zachary Silver is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.1% and a 39.18% success rate.
Telephone & Data Systems, Inc. engages in the provision of wire line and cable broadband, video and voice services. It operates through the following segments: U.S. Cellular, Telephone and Data Systems (TDS) Telecom's Wireline and Cable. The U.S. Cellular segment provides service to postpaid and prepaid customers from a variety of demographic segments. The TDS Telecom's Wireline segment operates Wireline and Cable subsidiaries that provide communications services. The Cable segment provides interconnected voice over internet protocol and broadband services, including internet access. The company was founded by LeRoy T. Carlson in 1968 and is headquartered in Chicago, IL.