Published On: Wed, Oct 19th, 2016

Sprint Corporation reiterated as Outperform By FBR & Co.


In an analyst rating update on Wednesday shares of Sprint Corporation (NYSE:S) had their rating reiterated by analysts at FBR & Co..

The broker said it has now set a ‘Outperform’ rating on shares of Sprint Corporation with a price target of 8. The price target according to the broker shows a possible increase of 15.36% from the current stock price of 6.94.

NYSE:S


Over the last twelve months Sprint Corporation’s share price has increased from 4.41 to 6.94, changing by 57.26%.

The companies 50 day moving average is 6.6 and its 200 day moving average is 4.98. The 52 week high Sprint Corporation’s shares have peaked at is 7.16 whilst the 52 week low for the company’s shares is 2.18.

Sprint Corporation has 3,978,362,000 shares which are currently outstanding with a price of 6.94 calculating Sprint Corporation’s market capitalisation to 27.59B USD .


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