Cellcom Israel, Ltd. (NYSE:CEL) has been given a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell rating. Cellcom Israel’s rating score has declined by 400% from 90 days ago as a result of various analysts’ upgrades and downgrades.

Zacks has also given Cellcom Israel an industry rank of 50 out of 265 based on the ratings given to its competitors.

CEL has been the subject of several research analyst reports. BidaskClub downgraded Cellcom Israel from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Citigroup Inc. cut Cellcom Israel from a “neutral” rating to a “sell” rating in a report on Wednesday, July 26th.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its stake in shares of Cellcom Israel by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 75,630 shares of the technology company’s stock worth $777,000 after acquiring an additional 234 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Cellcom Israel by 0.5% in the first quarter. Jane Street Group LLC now owns 134,183 shares of the technology company’s stock valued at $1,381,000 after purchasing an additional 630 shares in the last quarter. Edmond DE Rothschild Holding S.A. increased its holdings in shares of Cellcom Israel by 8.8% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 33,950 shares of the technology company’s stock valued at $352,000 after purchasing an additional 2,750 shares in the last quarter. Eagle Global Advisors LLC increased its holdings in shares of Cellcom Israel by 15.4% in the second quarter. Eagle Global Advisors LLC now owns 75,000 shares of the technology company’s stock valued at $719,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Cellcom Israel by 0.3% in the first quarter. Renaissance Technologies LLC now owns 3,704,100 shares of the technology company’s stock valued at $38,115,000 after purchasing an additional 10,800 shares in the last quarter. 5.56% of the stock is owned by institutional investors.

Cellcom Israel (NYSE CEL) traded up 2.7963% during midday trading on Friday, reaching $9.4882. 18,366 shares of the company traded hands. The company has a market cap of $954.57 million, a price-to-earnings ratio of 29.0159 and a beta of 2.02. The company has a 50-day moving average price of $9.00 and a 200-day moving average price of $9.67. Cellcom Israel has a 12-month low of $6.98 and a 12-month high of $11.19.

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About Cellcom Israel

Cellcom Israel Ltd. is engaged in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and Fixed-line. The cellular segment includes the cellular communications services, end user cellular equipment and supplemental services.

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