Verizon Communications Inc. (NYSE:VZ) recently ticked higher on weak volume. About 16.88 million contracts were traded on 12-Feb-18 compared to daily average volume of 17.75 million shares. The first sale was made at $50.22 but later the stock became weaker, and closed with a gain of 0.46%. It was last traded at $50.11 apiece.Verizon Communications Inc. (VZ): Hold Candidate With 11.51% Upside Potential
Verizon Communications Inc. is maintained at an average hold rating by 30 stock analysts, and there are at least 0.9% of shares outstanding that are currently legally short sold. The shares went down by -3.84% in value last month. Year-to-date it plunged -5.33%. Analysts are turning out to be more optimistic than before, with 7 of analysts who cover Verizon Communications Inc. (NYSE:VZ) advice adding it to buy candidate list. Wall Street experts also assign a $55.88 price target on Verizon Communications Inc., pointing towards a 11.51% rally from current levels. The stock is trading for about -8.51% less than its 52-week high.
Verizon Communications Inc. (VZ) remained unsuccessful in beating the consensus-estimated $0.88 as it actually earned $0.86 per share in its last reported financial results. Revenue, on the other hand, scored 4.88% growth from the previous quarter, coming up with $33.27 billion.VZ Retreats -0.77% In A Week
This company shares (VZ) so far managed to recover 17.08% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 3.44% while shortening the period to a week, volatility was 2.4%. The share price has yet to cross its 20 days moving average, floating at a distance of -4.49% and sits -4.22% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -0.77% losses and is up by 3.94% compared with its 200-day moving average of $49.54. Also, Verizon Communications Inc. (VZ) needs to expand a 2.31% increase it experienced over the past twelve months.Omnicom Group Inc. (NYSE:OMC) Consensus Call At 3.1
As regular trading ended, Omnicom Group Inc. (OMC) stock brought in a $1.83 rise to $78.78. The day started at a price of $77.71 but then traded as high as $79.3 before giving part of the gains back. As for this week, analysts appear content to stick with their bleak outlook with the consensus call at 3.1. Omnicom Group Inc. is given 1 buy-equivalent recommendations, 1 sells and 7 holds. The company shares sank -9.15% from their peak of $86.71 and now has a $18.21 billion market value of equity.
OMC’s mean recommendation on Reuter’s scale improved from 3 thirty days ago to 3.13 now, which indicates a sell consensus from the analyst community. They see Omnicom Group Inc. (OMC) price hitting a mean target of $77.29 a share, meaning the stock still has potential that could drag the price another -1.89% Also, the recent close suggests the stock is underpriced by 14.24% compared to the most bullish target.Omnicom Group Inc. (OMC) Returns 8.17% This Year
The company had seen its current volume reaching at 5.12 million shares in the last trade. That compares with the recent volume average of 2.5 million. At the close of regular trading, its last week’s stock price volatility was 2.62% which for the month reaches 3.88%. Omnicom Group Inc. dipped to as low as $77.52 throughout the day and has returned 8.17% in this year. At one point in the past year, the shares traded as low as $65.32 but has recovered 20.61% since then.