Zacks Investment Research downgraded shares of TELE2 AB (NASDAQ:TLTZY) from a buy rating to a hold rating in a report released on Thursday morning.

According to Zacks, “Tele2 AB provides telecommunication services to residential and business customers. The Company offers mobile services, fixed broadband and telephony, data network services and content services. It operates primarily in Sweden, the Netherlands, Kazakhstan, Croatia, Lithuania, Latvia, Estonia, Austria, Germany and internationally. Tele2 AB is based in Stockholm, Sweden. “

Shares of TELE2 AB (NASDAQ:TLTZY) opened at 5.74 on Thursday. The stock’s 50 day moving average price is $5.79 and its 200-day moving average price is $5.03. The stock’s market cap is $5.77 billion. TELE2 AB has a 52-week low of $3.74 and a 52-week high of $5.95.

ILLEGAL ACTIVITY NOTICE: “TELE2 AB (TLTZY) Downgraded to “Hold” at Zacks Investment Research” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and reposted in violation of international copyright and trademark legislation. The original version of this story can be viewed at

Get a free copy of the Zacks research report on TELE2 AB (TLTZY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Stock Ratings for TELE2 AB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELE2 AB and related stocks with our FREE daily email newsletter.