Zacks Investment Research Upgrades TeliaSonera AB (TLSNY) to Buy
TeliaSonera AB (OTCMKTS:TLSNY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Thursday. The firm currently has a $10.00 price objective on the technology company’s stock. Zacks Investment Research‘s price objective indicates a potential upside of 11.61% from the company’s current price.
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, ValuEngine lowered TeliaSonera AB from a “buy” rating to a “hold” rating in a research report on Tuesday, June 6th.
Shares of TeliaSonera AB (OTCMKTS:TLSNY) opened at 8.96 on Thursday. The stock has a market capitalization of $19.40 billion, a PE ratio of 24.35 and a beta of 0.99. The company has a 50-day moving average price of $8.77 and a 200 day moving average price of $8.20. TeliaSonera AB has a 52 week low of $7.35 and a 52 week high of $9.62.
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