TeliaSonera (OTCMKTS:TLSNY – Get Free Report) was upgraded by stock analysts at Citigroup from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.
TLSNY has been the topic of a number of other research reports. UBS Group lowered TeliaSonera from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Wall Street Zen raised shares of TeliaSonera from a “hold” rating to a “buy” rating in a report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, TeliaSonera currently has a consensus rating of “Buy”.
View Our Latest Report on TeliaSonera
TeliaSonera Price Performance
TeliaSonera (OTCMKTS:TLSNY – Get Free Report) last posted its earnings results on Thursday, October 23rd. The technology company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.10 billion. TeliaSonera had a net margin of 5.48% and a return on equity of 10.49%. Equities analysts forecast that TeliaSonera will post 0.34 earnings per share for the current fiscal year.
TeliaSonera Company Profile
TeliaSonera (OTCMKTS:TLSNY) operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.
The roots of TeliaSonera trace back to the 19th century with Sweden’s Royal Telegraph Agency and Finland’s national carrier, Sonera.
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