Kepler Capital Markets upgraded shares of Swisscom (OTCMKTS:SCMWY – Free Report) to a strong sell rating in a research note published on Tuesday,Zacks.com reports.
Other equities research analysts have also issued research reports about the company. Berenberg Bank upgraded Swisscom to a “hold” rating in a research note on Thursday, June 26th. Zacks Research upgraded shares of Swisscom to a “hold” rating in a report on Tuesday, August 12th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.
Get Our Latest Analysis on Swisscom
Swisscom Stock Performance
Swisscom (OTCMKTS:SCMWY – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.27). Swisscom had a return on equity of 10.05% and a net margin of 9.29%.The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.61 billion. As a group, equities research analysts anticipate that Swisscom will post 3.47 EPS for the current year.
Swisscom Company Profile
Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.
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