DISH Network Corporation’s (DISH) Buy Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG restated their buy rating on shares of DISH Network Corporation (NASDAQ:DISH) in a research report report published on Thursday. They currently have a $99.00 price objective on the stock.

A number of other analysts also recently commented on DISH. Wunderlich reaffirmed a sell rating and set a $54.00 price target on shares of DISH Network Corporation in a research report on Monday, June 12th. BidaskClub downgraded DISH Network Corporation from a buy rating to a hold rating in a research report on Wednesday, June 21st. Wells Fargo & Company reaffirmed an outperform rating on shares of DISH Network Corporation in a research report on Wednesday, June 28th. Citigroup Inc. downgraded DISH Network Corporation from a buy rating to a sell rating and decreased their price target for the company from $94.00 to $52.00 in a research report on Wednesday, July 26th. Finally, Macquarie reaffirmed a hold rating and set a $68.00 price target on shares of DISH Network Corporation in a research report on Thursday, August 3rd. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. DISH Network Corporation presently has a consensus rating of Hold and a consensus price target of $68.18.

DISH Network Corporation (DISH) traded down 1.30% on Thursday, hitting $53.33. The company had a trading volume of 1,726,567 shares. The stock has a 50 day moving average of $55.03 and a 200-day moving average of $60.92. DISH Network Corporation has a one year low of $52.09 and a one year high of $66.50. The stock has a market capitalization of $24.86 billion, a PE ratio of 24.80 and a beta of 0.99.

DISH Network Corporation (NASDAQ:DISH) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.67). The business had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.71 billion. DISH Network Corporation had a net margin of 7.21% and a return on equity of 27.88%. The business’s revenue was down 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.88 earnings per share. Equities analysts anticipate that DISH Network Corporation will post $2.21 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This story was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://ledgergazette.com/2017/10/08/dish-network-corporations-dish-buy-rating-reiterated-at-deutsche-bank-ag.html.

In other news, CEO Roger Lynch sold 25,000 shares of DISH Network Corporation stock in a transaction on Monday, August 7th. The stock was sold at an average price of $59.73, for a total value of $1,493,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeffrey L. Mcschooler sold 785 shares of DISH Network Corporation stock in a transaction on Monday, August 28th. The shares were sold at an average price of $56.61, for a total value of $44,438.85. Following the completion of the transaction, the executive vice president now owns 165 shares of the company’s stock, valued at $9,340.65. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,884 shares of company stock valued at $1,543,036. 49.30% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of DISH Network Corporation by 2.9% in the second quarter. Vanguard Group Inc. now owns 14,678,892 shares of the company’s stock valued at $921,246,000 after purchasing an additional 409,704 shares in the last quarter. BlackRock Inc. grew its position in shares of DISH Network Corporation by 1.9% in the second quarter. BlackRock Inc. now owns 13,685,941 shares of the company’s stock valued at $858,929,000 after purchasing an additional 259,139 shares in the last quarter. State Street Corp grew its position in shares of DISH Network Corporation by 126.2% in the first quarter. State Street Corp now owns 9,069,843 shares of the company’s stock valued at $575,841,000 after purchasing an additional 5,059,383 shares in the last quarter. FMR LLC grew its position in shares of DISH Network Corporation by 22.7% in the second quarter. FMR LLC now owns 4,498,307 shares of the company’s stock valued at $282,314,000 after purchasing an additional 831,768 shares in the last quarter. Finally, Paulson & CO. Inc. grew its position in shares of DISH Network Corporation by 15.9% in the second quarter. Paulson & CO. Inc. now owns 3,998,800 shares of the company’s stock valued at $250,965,000 after purchasing an additional 548,700 shares in the last quarter. Institutional investors own 48.93% of the company’s stock.

About DISH Network Corporation

DISH Network Corporation is a holding company. The Company operates th

A number of other analysts also recently commented on DISH. Wunderlich reaffirmed a sell rating and set a $54.00 price target on shares of DISH Network Corporation in a research report on Monday, June 12th. BidaskClub downgraded DISH Network Corporation from a buy rating to a hold rating in a research report on Wednesday, June 21st. Wells Fargo & Company reaffirmed an outperform rating on shares of DISH Network Corporation in a research report on Wednesday, June 28th. Citigroup Inc. downgraded DISH Network Corporation from a buy rating to a sell rating and decreased their price target for the company from $94.00 to $52.00 in a research report on Wednesday, July 26th. Finally, Macquarie reaffirmed a hold rating and set a $68.00 price target on shares of DISH Network Corporation in a research report on Thursday, August 3rd. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. DISH Network Corporation presently has a consensus rating of Hold and a consensus price target of $68.18.

DISH Network Corporation (DISH) traded down 1.30% on Thursday, hitting $53.33. The company had a trading volume of 1,726,567 shares. The stock has a 50 day moving average of $55.03 and a 200-day moving average of $60.92. DISH Network Corporation has a one year low of $52.09 and a one year high of $66.50. The stock has a market capitalization of $24.86 billion, a PE ratio of 24.80 and a beta of 0.99.

DISH Network Corporation (NASDAQ:DISH) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.67). The business had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.71 billion. DISH Network Corporation had a net margin of 7.21% and a return on equity of 27.88%. The business’s revenue was down 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.88 earnings per share. Equities analysts anticipate that DISH Network Corporation will post $2.21 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This story was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://ledgergazette.com/2017/10/08/dish-network-corporations-dish-buy-rating-reiterated-at-deutsche-bank-ag.html.

In other news, CEO Roger Lynch sold 25,000 shares of DISH Network Corporation stock in a transaction on Monday, August 7th. The stock was sold at an average price of $59.73, for a total value of $1,493,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeffrey L. Mcschooler sold 785 shares of DISH Network Corporation stock in a transaction on Monday, August 28th. The shares were sold at an average price of $56.61, for a total value of $44,438.85. Following the completion of the transaction, the executive vice president now owns 165 shares of the company’s stock, valued at $9,340.65. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,884 shares of company stock valued at $1,543,036. 49.30% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of DISH Network Corporation by 2.9% in the second quarter. Vanguard Group Inc. now owns 14,678,892 shares of the company’s stock valued at $921,246,000 after purchasing an additional 409,704 shares in the last quarter. BlackRock Inc. grew its position in shares of DISH Network Corporation by 1.9% in the second quarter. BlackRock Inc. now owns 13,685,941 shares of the company’s stock valued at $858,929,000 after purchasing an additional 259,139 shares in the last quarter. State Street Corp grew its position in shares of DISH Network Corporation by 126.2% in the first quarter. State Street Corp now owns 9,069,843 shares of the company’s stock valued at $575,841,000 after purchasing an additional 5,059,383 shares in the last quarter. FMR LLC grew its position in shares of DISH Network Corporation by 22.7% in the second quarter. FMR LLC now owns 4,498,307 shares of the company’s stock valued at $282,314,000 after purchasing an additional 831,768 shares in the last quarter. Finally, Paulson & CO. Inc. grew its position in shares of DISH Network Corporation by 15.9% in the second quarter. Paulson & CO. Inc. now owns 3,998,800 shares of the company’s stock valued at $250,965,000 after purchasing an additional 548,700 shares in the last quarter. Institutional investors own 48.93% of the company’s stock.

About DISH Network Corporation

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations.

Analyst Recommendations for DISH Network Corporation (NASDAQ:DISH)

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