TELIA Co A B/ADR (TLSNY) Upgraded by Zacks Investment Research to Hold

TELIA Co A B/ADR (OTCMKTS:TLSNY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Saturday.

According to Zacks, “Telia Company AB provides network access and telecommunication services. The company also offers mobile and broadband; and fixed services, including telephony, data and TV services. It operates primarily in Sweden and Europe. Telia Company AB, formerly known as TeliaSonera AB, is headquartered in Stockholm, Sweden. “

Separately, Barclays cut TELIA Co A B/ADR from an “equal weight” rating to an “underweight” rating in a research report on Thursday, October 25th.

TLSNY traded down $0.05 on Friday, hitting $9.22. 43,213 shares of the company were exchanged, compared to its average volume of 56,401. TELIA Co A B/ADR has a twelve month low of $8.55 and a twelve month high of $10.14. The stock has a market capitalization of $20.17 billion, a price-to-earnings ratio of 20.94 and a beta of 0.65. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.82 and a quick ratio of 1.77.

TELIA Co A B/ADR (OTCMKTS:TLSNY) last released its earnings results on Friday, October 19th. The technology company reported $0.13 EPS for the quarter. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.22 billion. TELIA Co A B/ADR had a return on equity of 10.41% and a net margin of 6.30%. On average, research analysts anticipate that TELIA Co A B/ADR will post 0.57 earnings per share for the current year.


Telia Company AB (publ) provides network access, telecommunications, and other services primarily in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Mexico. It offers mobile, broadband, TV, and fixed-line services to businesses, individuals, families, and communities. The company also develops and maintains fiber and cable networks; and provides international carrier, cloud, identity and access rights management, ICT, smart public transport, and customer financing services, as well as IT equipment and services.

Further Reading: What strategies should day traders use to execute a trade?

Get a free copy of the Zacks research report on TELIA Co A B/ADR (TLSNY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for TELIA Co A B/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELIA Co A B/ADR and related companies with's FREE daily email newsletter.

Leave a Reply