After Today’s Big Increase, Is CenturyLink, Inc. (CTL)’s Near-Term Analysis Positive?

February 15, 2018 - By Marie Mckinney

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.13, from 1.08 in 2017Q2. It dived, as 65 investors sold CenturyLink, Inc. shares while 190 reduced holdings. 64 funds opened positions while 179 raised stakes. 436.00 million shares or 1.89% less from 444.41 million shares in 2017Q2 were reported.
Hanson Mcclain holds 0% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 908 shares. Rampart Limited Liability Com stated it has 0.05% in CenturyLink, Inc. (NYSE:CTL). Endurance Wealth Mgmt has invested 0.01% in CenturyLink, Inc. (NYSE:CTL). Ing Groep Nv reported 73,454 shares. Adell Harriman And Carpenter Inc invested in 0.4% or 96,782 shares. Deutsche Bank Ag holds 0.02% or 1.23M shares. Ledyard Financial Bank holds 0.01% or 3,584 shares in its portfolio. Royal Commercial Bank Of Canada has invested 0.01% in CenturyLink, Inc. (NYSE:CTL). Stratos Wealth Partners owns 63,237 shares. Integral Derivatives Ltd Limited Liability Company reported 0.01% in CenturyLink, Inc. (NYSE:CTL). Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 0.38% in CenturyLink, Inc. (NYSE:CTL). Eagle Asset Management Incorporated accumulated 133,638 shares. Geode Ltd Com has invested 0.04% in CenturyLink, Inc. (NYSE:CTL). Ifc Incorporated Fl holds 10,637 shares. Capital Advisors Limited Co invested 0.02% of its portfolio in CenturyLink, Inc. (NYSE:CTL).

The stock of CenturyLink, Inc. (NYSE:CTL) is a huge mover today! The stock increased 8.42% or $1.4799 during the last trading session, reaching $19.0599. About 16.98M shares traded or 15.34% up from the average. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since February 15, 2017 and is downtrending. It has underperformed by 24.32% the S&P500.
The move comes after 9 months positive chart setup for the $20.38 billion company. It was reported on Feb, 15 by Barchart.com. We have $20.01 PT which if reached, will make NYSE:CTL worth $1.02 billion more.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

Among 21 analysts covering Centurylink Inc. (NYSE:CTL), 6 have Buy rating, 1 Sell and 14 Hold. Therefore 29% are positive. Centurylink Inc. had 57 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Oppenheimer on Tuesday, November 8 to “Outperform”. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Hold” rating by Jefferies on Thursday, November 9. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Hold” rating by Deutsche Bank on Tuesday, October 10. The firm earned “Market Perform” rating on Tuesday, October 13 by Cowen & Co. Oppenheimer maintained CenturyLink, Inc. (NYSE:CTL) rating on Thursday, August 3. Oppenheimer has “Buy” rating and $2800 target. The firm has “Neutral” rating by Citigroup given on Friday, August 7. As per Wednesday, June 22, the company rating was initiated by Evercore. Raymond James downgraded the stock to “Mkt Perform” rating in Friday, October 28 report. Oppenheimer maintained the shares of CTL in report on Thursday, August 10 with “Buy” rating. The stock has “Outperform” rating by Oppenheimer on Friday, November 10.

More important recent CenturyLink, Inc. (NYSE:CTL) news were published by: Seekingalpha.com which released: “CenturyLink +11.2% after Level 3 boost to Q4 earnings” on February 14, 2018, also Fool.com published article titled: “Is CenturyLink, Inc. (CTL) a Buy?”, Fool.com published: “Will 2018 Be CenturyLink, Inc.’s Best Year Yet?” on January 26, 2018. More interesting news about CenturyLink, Inc. (NYSE:CTL) was released by: Nasdaq.com and their article: “CenturyLink (CTL) Q4 Earnings and Revenues Miss Estimates” with publication date: February 15, 2018.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients in the United States. The company has market cap of $20.38 billion. It operates through two divisions, Business and Consumer. It has a 32.86 P/E ratio. The firm offers broadband services, which allow clients to connect to the Internet through their existing telephone lines or fiber-optic cables; multi-protocol label switching, a data networking technology to support real-time voice and video; and private line services for the transmission of data between sites.

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