Swisscom AG (SCMWY) Set to Announce Earnings on Thursday
Swisscom AG (OTCMKTS:SCMWY) will announce its earnings results before the market opens on Thursday, August 17th.
Shares of Swisscom AG (OTCMKTS SCMWY) opened at 49.80 on Thursday. The company has a 50-day moving average of $48.73 and a 200 day moving average of $46.05. The stock has a market cap of $25.80 billion, a price-to-earnings ratio of 15.23 and a beta of 0.43. Swisscom AG has a one year low of $42.14 and a one year high of $50.24.
A number of research firms have commented on SCMWY. Zacks Investment Research raised Swisscom AG from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a report on Thursday, May 25th. Berenberg Bank raised Swisscom AG from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. Finally, Jefferies Group LLC raised Swisscom AG from a “hold” rating to a “buy” rating in a report on Friday, June 16th.
Swisscom AG Company Profile
Swisscom AG is a holding company. The Company, through its subsidiaries, provides telecommunication services in Switzerland and Italy. The Company’s segments include Swisscom Switzerland, Fastweb, Other Operating Segments and Group Headquarters. Swisscom Switzerland comprises the customer segments, Residential Customers, Enterprise Customers and Wholesale, as well as the information technology (IT), Network and Infrastructure division.
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