Wall Street Zen Upgrades TeliaSonera (OTCMKTS:TLSNY) to “Buy”

TeliaSonera (OTCMKTS:TLSNY) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

A number of other equities analysts also recently issued reports on TLSNY. Kepler Capital Markets raised shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 22nd. Citigroup raised shares of TeliaSonera to a “hold” rating in a research report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

TeliaSonera Price Performance

TLSNY stock opened at $7.82 on Wednesday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.82 and a current ratio of 0.86. The business has a 50-day simple moving average of $7.62 and a two-hundred day simple moving average of $7.44. The company has a market capitalization of $15.37 billion, a P/E ratio of 34.00 and a beta of 0.40. TeliaSonera has a 52-week low of $5.33 and a 52-week high of $8.16.

TeliaSonera (OTCMKTS:TLSNY) last posted its earnings results on Thursday, October 23rd. The technology company reported $0.12 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.12. TeliaSonera had a return on equity of 10.66% and a net margin of 5.48%.The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.10 billion. Research analysts expect that TeliaSonera will post 0.34 EPS for the current fiscal year.

TeliaSonera Company Profile

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.