Telia Company AB (publ) (OTCMKTS:TLSNY – Get Rating) had its price objective lifted by stock analysts at Morgan Stanley from SEK 33 to SEK 35 in a research note issued on Friday, The Fly reports. The brokerage currently has an “underweight” rating on the technology company’s stock.
TLSNY has been the topic of a number of other research reports. Berenberg Bank raised Telia Company AB (publ) from a “sell” rating to a “hold” rating in a research note on Thursday, May 12th. Barclays reduced their price objective on Telia Company AB (publ) from SEK 45 to SEK 43 in a research note on Friday, April 1st. Finally, UBS Group raised Telia Company AB (publ) from a “neutral” rating to a “buy” rating in a research note on Thursday, May 19th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $36.85.
OTCMKTS TLSNY traded down $0.05 during trading hours on Friday, reaching $7.51. The company’s stock had a trading volume of 78,862 shares, compared to its average volume of 63,020. The firm’s 50-day moving average price is $8.09 and its 200-day moving average price is $7.86. The company has a quick ratio of 0.94, a current ratio of 1.00 and a debt-to-equity ratio of 1.04. Telia Company AB has a 1 year low of $6.76 and a 1 year high of $9.16. The company has a market capitalization of $15.36 billion, a price-to-earnings ratio of 11.21 and a beta of 0.23.
Telia Company AB (publ) (OTCMKTS:TLSNY – Get Rating) last posted its quarterly earnings results on Wednesday, April 27th. The technology company reported $0.05 EPS for the quarter. Telia Company AB (publ) had a return on equity of 15.29% and a net margin of 13.85%. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Equities research analysts anticipate that Telia Company AB will post 0.33 EPS for the current fiscal year.
Telia Company AB (publ) Company Profile (Get Rating)
Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and communities. It provides networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, colocation, and IoT connectivity solutions, as well as broadcasting and content production services, and customer financing services.
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Source: defenseworld.net
