AT&T Inc. received a stock evaluation downgrade from Citigroup on Jul 07 16. In a note to investors, the company lowered the target price on the stock from $42 to $46 and issued a Neutral evaluation. The analysts formerly had a Buy rating on the stock.

The 52-week price range is $29.41-$43.40 and the firm has a market capitalization of $261.08 billion. Analysts keep a consensus Strong Buy evaluation, based on Zacks Investment Research. Zero analyst has rated the stock with a sell rating, a hold rating has been assigned by 9, 1 says it’s a buy, and a strong buy rating has been assigned by 11 to the business.

AT&T Inc. supplies telecommunications and digital entertainment services. The firm operates through four segments: Consumer Mobility, Entertainment Group, Business Solutions, and International. The Business Solutions section offers wireless, set tactical, heritage voice and data, and wireless gear services to governmental, business, and wholesale customers, in addition to unique subscribers. The Consumer Mobility section offers consumers wireless services, and wireless resale and wholesale subscribers, like long distance and roaming services. This section supplies postpaid and prepaid wireless voice and data communications services; consulting, marketing, and program and colocation services; and sells various handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned shops, representatives, or third party retail stores, along with accessories, including carrying cases and handsfree apparatus. The International section offers video entertainment services to wireless data and voice communication services, along with residential customers in Latin America in Mexico.