Barclays Reaffirms “Overweight” Rating for Telia Company AB (publ) (OTCMKTS:TLSNY)

Barclays reissued their overweight rating on shares of Telia Company AB (publ) (OTCMKTS:TLSNY) in a research note published on Wednesday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. upgraded shares of Telia Company AB (publ) from an underweight rating to a neutral rating in a research note on Tuesday, August 25th. Zacks Investment Research downgraded shares of Telia Company AB (publ) from a hold rating to a sell rating in a research note on Saturday, July 4th. Morgan Stanley reiterated an underweight rating on shares of Telia Company AB (publ) in a research note on Thursday, September 3rd. Finally, Nordea Equity Research upgraded shares of Telia Company AB (publ) from a hold rating to a buy rating in a research note on Friday, June 26th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $9.75.

Shares of OTCMKTS TLSNY opened at $8.68 on Wednesday. The stock has a market capitalization of $18.15 billion, a price-to-earnings ratio of 23.46 and a beta of 0.31. The business has a 50-day moving average of $8.00 and a 200-day moving average of $7.40. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.93 and a quick ratio of 0.88. Telia Company AB has a fifty-two week low of $6.12 and a fifty-two week high of $9.03.

Telia Company AB (publ) (OTCMKTS:TLSNY) last announced its quarterly earnings data on Friday, July 17th. The technology company reported ($0.10) earnings per share for the quarter. Telia Company AB (publ) had a net margin of 3.14% and a return on equity of 3.42%. The company had revenue of $2.25 billion during the quarter. On average, sell-side analysts expect that Telia Company AB will post 0.31 EPS for the current year.

Telia Company AB (publ) Company Profile

Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, and Estonia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and communities. It is also involved in the broadcasting and content production activities; and international carrier operations, as well as customer financing business.

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

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