CenturyLink (NYSE:CTL) gets downgraded to Sector Perform by Royal Bank of Canada

ME Staff
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Analyst Ratings For CenturyLink (NYSE:CTL)

Today, CenturyLink (NYSE:CTL) stock was downgraded by Royal Bank of Canada from Outperform to Sector Perform.

There are 6 Hold Ratings, 4 Sell Ratings, 4 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on CenturyLink (NYSE:CTL) is Hold with a consensus target price of $18.8831 per share, a potential 33.92% upside.

Some recent analyst ratings include

  • 2/20/2019-CenturyLink (NYSE:CTL) gets downgraded to Sector Perform by Royal Bank of Canada
  • 2/19/2019-CenturyLink (NYSE:CTL) gets upgraded to Neutral by Moffett Nathanson with a price target of $12.00
  • 2/14/2019-CenturyLink (NYSE:CTL) gets downgraded to Neutral by UBS Group with a price target of $14.00
  • 2/14/2019-CenturyLink (NYSE:CTL) gets downgraded to Neutral by JPMorgan Chase & Co. with a price target of $14.00
  • 2/5/2019-CenturyLink (NYSE:CTL) gets downgraded to Sell by Citigroup with a price target of $14.48
  • 1/24/2019-CenturyLink (NYSE:CTL) gets downgraded to Sell by Guggenheim with a price target of $11.00
  • On 1/16/2019 Holdings (Private) Ltd Temasek, Major Shareholder, sold 16,000,000 with an average share price of $15.90 per share and the total transaction amounting to $254,400,000.00.
  • On 12/11/2018 Steven T Clontz, Director, bought 8,207 with an average share price of $17.20 per share and the total transaction amounting to $141,160.40.
  • On 12/4/2018 Scott Trezise, EVP, sold 53,164 with an average share price of $18.88 per share and the total transaction amounting to $1,003,736.32.
  • On 8/21/2018 Glen F. Post III, Director, sold 150,000 with an average share price of $24.00 per share and the total transaction amounting to $3,600,000.00.
  • On 8/13/2018 Glen F. Post III, Director, sold 150,000 with an average share price of $22.00 per share and the total transaction amounting to $3,300,000.00.
  • On 5/11/2018 Steven T Clontz, Director, bought 41,000 with an average share price of $19.44 per share and the total transaction amounting to $797,040.00.
  • On 4/4/2018 Holdings (Private) Ltd Temasek, Major Shareholder, bought 7,620,118 with an average share price of $16.72 per share and the total transaction amounting to $127,408,372.96.

About CenturyLink (NYSE:CTL)
CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers primarily in the United States. It operates in two segments, Business and Consumer. The company offers virtual private network data network services; Ethernet services; Internet protocol services; CenturyLink Prism TV that allows customers to watch television or cable channels and record up to four shows on one home digital video recorder; and Vyvx, which provides audio and video feeds over fiber or satellite for broadcast and production customers, as well as satellite digital television services. It also provides broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line solution for transmission of data between sites; colocation and data center services comprising cloud, hosting, and application management solutions; wavelength services that provide customers required bandwidth with an end-to-end transport solution of a bandwidth; and network security solutions, as well as sells telecommunications equipment and resells software, and provides network management, installation and maintenance of data equipment, and building of fiber-optic broadband networks. In addition, the company offers local calling services; long-distance and toll-free services; information technology (IT) services, such as transporting and delivering enterprise data and applications; and managed services consisting of network, hosting, cloud, and IT services. Further, it leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2017, the company operated approximately 10.3 million total access lines; and served approximately 5.7 million broadband subscribers. CenturyLink, Inc. was founded in 1968 and is based in Monroe, Louisiana.

Recent Trading Activity for CenturyLink (NYSE:CTL)
Shares of CenturyLink closed the previous trading session at 14,10 +0,36 2,62 % with 14 shares trading hands.