TeliaSonera AB (OTCMKTS:TLSNY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of TeliaSonera AB (OTCMKTS:TLSNY) have received a consensus recommendation of “Moderate Buy” from the five analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the company.

Several brokerages have recently issued reports on TLSNY. Barclays upgraded TeliaSonera from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 23rd. Citigroup upgraded TeliaSonera to a “strong-buy” rating in a report on Thursday, May 7th. Finally, Berenberg Bank lowered TeliaSonera from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th.

TeliaSonera Stock Performance

TeliaSonera stock opened at $9.48 on Monday. TeliaSonera has a 12-month low of $6.74 and a 12-month high of $10.98. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.74 and a quick ratio of 0.69. The stock has a market capitalization of $18.64 billion, a PE ratio of 35.11 and a beta of 0.36. The firm has a 50 day simple moving average of $10.15 and a 200-day simple moving average of $9.86.

TeliaSonera (OTCMKTS:TLSNY) last announced its earnings results on Friday, July 17th. The technology company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.14 billion. TeliaSonera had a return on equity of 9.10% and a net margin of 6.26%. As a group, equities research analysts expect that TeliaSonera will post 0.45 EPS for the current fiscal year.

TeliaSonera Company Profile

TeliaSonera (OTCMKTS:TLSNY) operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.

The roots of TeliaSonera trace back to the 19th century with Sweden’s Royal Telegraph Agency and Finland’s national carrier, Sonera.