In a report released today, Benjamin Swinburne from Morgan Stanley maintained a Hold rating on Dish Network (DISH – Research Report), with a price target of $35.00. The company’s shares closed last Thursday at $27.59, close to its 52-week low of $25.84.
According to TipRanks.com, Swinburne is a 4-star analyst with an average return of 8.5% and a 55.7% success rate. Swinburne covers the Services sector, focusing on stocks such as Madison Square Garden Entertainment, Liberty Media Liberty Formula One, and Interpublic Group of Companies.
Currently, the analyst consensus on Dish Network is a Moderate Buy with an average price target of $43.13.
Dish Network’s market cap is currently $15.55B and has a P/E ratio of 7.74.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
DISH Network Corp. is a holding company, which engages in the provision of pay-tv services. It operates through Pay-TV and Wireless segments. The Pay-TV segment operates under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets. The company was founded by Charles W. Ergen, Cantey W. Ergen and James DeFranco in 1980 and is headquartered in Englewood, CO.
Read More on DISH:
- DigitalOcean Holdings (DOCN) Gets a Hold Rating from Morgan Stanley
- Morgan Stanley Thinks Idexx Laboratories’ Stock is Going to Recover
- Raymond James Sticks to Their Buy Rating for Ping Identity Holding (PING)
- Morgan Stanley Maintains a Hold Rating on UDR (UDR)
- Qorvo (QRVO) Gets a Hold Rating from Morgan Stanley