Telia Company AB (publ) (OTCMKTS:TLSNY) Given Average Recommendation of “Hold” by Brokerages

Shares of Telia Company AB (publ) (OTCMKTS:TLSNYGet Rating) have earned a consensus rating of “Hold” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $38.00.

A number of research firms recently commented on TLSNY. Morgan Stanley increased their price target on Telia Company AB (publ) from SEK 33 to SEK 35 and gave the stock an “underweight” rating in a research report on Friday, June 17th. Barclays upgraded Telia Company AB (publ) from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, June 22nd. Finally, JPMorgan Chase & Co. upped their price objective on Telia Company AB (publ) from SEK 40 to SEK 41 and gave the stock an “underweight” rating in a report on Thursday, July 7th.

Telia Company AB (publ) Trading Down 1.1 %

TLSNY stock opened at $6.48 on Tuesday. Telia Company AB has a 1-year low of $6.44 and a 1-year high of $8.49. The firm has a market cap of $13.25 billion, a P/E ratio of 23.14, a P/E/G ratio of 1.00 and a beta of 0.24. The business’s 50 day moving average is $7.15 and its 200-day moving average is $7.63. The company has a current ratio of 0.96, a quick ratio of 0.91 and a debt-to-equity ratio of 1.02.

Telia Company AB (publ) (OTCMKTS:TLSNYGet Rating) last released its quarterly earnings data on Wednesday, July 20th. The technology company reported $0.08 earnings per share for the quarter. The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.16 billion. Telia Company AB (publ) had a return on equity of 6.33% and a net margin of 6.01%. Equities analysts anticipate that Telia Company AB will post 0.3 earnings per share for the current fiscal year.

About Telia Company AB (publ)

(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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Analyst Recommendations for Telia Company AB (publ) (OTCMKTS:TLSNY)

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