12/20/2017 Merrill Edge - Profile: T - AT&T INC - Overview

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AT&T INC T: NYSE EURONEXT

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As of 12/20/2017 04:00:20 PM ET

Last Price Day's Change Bid x Size Ask x Size Day's Volume Day's Range
$38.55 +$0.50 +1.31% $38.55 x 0 $38.56 x 0 26,968,863 $38.18 - $38.84

My Total Value: $0.00 | Quantity: 0 View Position Details Add To Watchlist Compare Set Alert Trade

Day | Week | Month | 3 Months | YTD | Year | More Charts

Open $38.27 EPS 2.07

Previous Close $38.05 P/E 18.62

52-Week Range $32.55 - $43.03 Dividend $2.00

Avg. Volume (10 days) 33,272,110 Dividend Yield 5.19%

Market Cap. 236.66B Ex-Dividend Date 01/09/2018

Shares Outstanding 6,139,000,000 Dividend Pay Date 02/01/2018

Shares Short 210,859,700 BofAML 12 Month $39.00

Objective
Short Interest(%) 3.43%
BofAML 5 Yr. Est. --
Beta 0.78 Growth

Rating Announcement Last Updated 12/20/2017 04:00 PM ET

News BofAML Research Ratings & Reports

Comcast Joins AT&T In Offering Wireline & Wireless Telecom Services:
$1,000 Employee Bonuses -- Verizon, AT&T & CenturyLink are
MarketWatch material beneficiaries of corporate tax
December 20, 2017 06:33 PM ET Dow reform Neutral View latest report (12/20/2017)
Jones Newswires December 20, 2017 05:30 AM ET
Down from Buy Volatility risk Investment Income
Some companies announce worker As of 07/13/2017
Research Portfolio Changes: US A B C 1 2 3 7 8 9
bonuses after US tax cut Portfolio Changes
December 20, 2017 05:50 PM ET Agence December 19, 2017 Low Neutral Same/Higher
France Presse
Equity and Quant Strategy: Equity
Fifth Third Bancorp unveils bonuses, Strategy Theme Screens
minimum wage hike after tax bill
December 11, 2017
passage
December 20, 2017 05:40 PM ET USA Research Portfolio Changes: US Hold View latest report (12/04/2017)
Today - Gannett Portfolio Changes Down from 4 stars
December 08, 2017 As of 12/04/2017
Business Highlights
December 20, 2017 05:36 PM More Reports
ET Canadian Press DataFile
More News

Buy View latest report (12/16/2017)

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Telecommunication Services Peers

BofAML 12 CFRA
Company Last Price Month Objective BofAML Rating Morningstar Rating Ranking
AT&T Inc $38.05 $39.00 Neutral Hold Buy
Verizon Communications Inc $52.83 $55.00 Buy Hold Hold
Frontier Communications Corp $7.44 $4.00 Underperform Hold Hold
Windstream Holdings Inc $2.08 $2.50 Underperform -- Hold
Cincinnati Bell Inc $21.00 $16.25 Underperform -- Hold

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BofAML 12 CFRA
Company Last Price Month Objective BofAML Rating Morningstar Rating Ranking
Account holdings Indicates BofAML US 1 List Constituent

Company Summary
AT&T is the largest US telecom
company by market capitalization.
AT&T provides wireless and wireline
service to retail, enterprise and
wholesale customers. The company's
wireless network serves approximately
124m mobile connections with 77m
post-paid subscribers. AT&T's
traditional wireline voice business has
undergone a period of secular decline
due to wireless substitution and cable
competition.

The information herein was obtained from multiple sources: we do not guarantee its accuracy or completeness. Before investing consider carefully the investment objectives,
risks, and charges and expenses of the security.

Selected data supplied by Thomson Reuters.

BofA Merrill Lynch Global Research Price Objectives and other financial data may be displayed in different currencies or display "NA" or "--". Refer to the most recent research
report for this data.

Third-party stock research may be available here.

BofA Merrill Lynch Global Research Volatility Risk Ratings indicators of potential price fluctuation, are:
A - Low
B - Medium
C - High

BofA Merrill Lynch Global Research Investment Ratings reflect the analyst's assessment of a stock's absolute total return potential and attractiveness for investment relative to
other stocks within its Coverage Cluster (defined below). There are three investment ratings:
1 – Buy (stocks are expected to have a total return of at least 10% and are the most attractive stocks in a Coverage Cluster)
2 – Neutral (stocks are expected to remain flat or increase in value and are less attractive than Buy rated stocks)
3 – Underperform (stocks are the least attractive stocks in a Coverage Cluster).

BofA Merrill Lynch Global Research Income Ratings indicators of potential cash dividends, are:
7 - Same/higher (dividend considered to be secure);
8 - Same/lower (dividend not considered to be secure);
9 - Pays no cash dividend.

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