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

Telia Company AB (publ) (OTCMKTS:TLSNY – Get Rating) shares have received a consensus rating of “Hold” from the seven rating agencies covering the stock, reports Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers who 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 raised its target price on Telia Company AB (publ) to SEK 35 from SEK 33 and ranked the stock as “underweight” in a research report on Friday 17 June. Barclays upgrades Telia Company AB (publ) from an “Equal Weight” rating to an “Overweight” rating in a research report on Wednesday 22 June. Finally, in a report on Thursday, July 7, JPMorgan Chase & Co. increased its target price on Telia Company AB (publ) to SEK 41 from SEK 40 and gave the stock an underweight rating.

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Telia Company AB (publ) trading loss 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 company has a market cap of $13.25 billion, a P/E of 23.14, a P/E of 1.00, and a beta of 0.24. The company’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:TLSNY – Get Rating) last released its quarterly earnings data on Wednesday, July 20th. The tech company reported earnings per share of $0.08 for the quarter. The company had revenue of $2.27 billion in 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%. Equity analysts expect Telia Company AB to report earnings per share of 0.3 for the current fiscal year.

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About Telia Company AB (ed.)

(get rating)

Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, Estonia and Latvia. The Company provides wireless, broadband, television and fixed-line services to businesses, individuals, families and communities. It offers Networking, Cloud and Security, Mobility, Enterprise Mobile Networks, Contact Centers, 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 broadcast and content production services and customer financing services.

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Further reading

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

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