Zacks Investment Research downgraded shares of Koninklijke KPN (OTCMKTS:KKPNF) from a hold rating to a sell rating in a research report report published on Saturday morning, Zacks.com reports.

According to Zacks, “Koninklijke KPN NV, formerly Royal PTT Nederland NV is an international service provider in the fields of post, telecommunications, cable and multimedia. The operational activities are carried out by operating companies and profit centres. For example, PTT Post collects, sorts and distributes large flows of postal items and PTT Telecom provides private individuals, companies, institutions and organizations with a wide range of telecommunications services. KPN Kabel operates, develops and manages cable networks and services. “

Separately, ValuEngine upgraded Koninklijke KPN from a sell rating to a hold rating in a research note on Tuesday, December 10th.

Shares of Koninklijke KPN stock opened at $2.97 on Friday. The business has a 50-day moving average of $2.91 and a 200-day moving average of $3.00. Koninklijke KPN has a 1-year low of $2.20 and a 1-year high of $3.28.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It offers fixed and mobile telephony, broadband Internet, and television services to retail consumers; network related IT solutions to business customers; and wholesale network services to third parties.

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