Tele2 (OTCMKTS:TLTZY) Receives Consensus Recommendation of “Buy” from Analysts

Tele2 (OTCMKTS:TLTZYGet Free Report) has received a consensus recommendation of “Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company.

A number of research firms have issued reports on TLTZY. New Street Research upgraded Tele2 to a “buy” rating in a report on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a research note on Tuesday, January 27th.

View Our Latest Stock Analysis on Tele2

Tele2 Stock Performance

Shares of TLTZY opened at $11.30 on Friday. The company has a 50-day simple moving average of $9.07 and a two-hundred day simple moving average of $8.52. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.57 and a quick ratio of 0.53. The firm has a market capitalization of $15.47 billion, a PE ratio of 33.24 and a beta of 0.45. Tele2 has a one year low of $5.75 and a one year high of $11.61.

Tele2 (OTCMKTS:TLTZYGet Free Report) last announced its earnings results on Wednesday, January 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). Tele2 had a return on equity of 21.68% and a net margin of 15.40%.The firm had revenue of $854.77 million during the quarter, compared to the consensus estimate of $866.14 million. On average, analysts anticipate that Tele2 will post 0.28 EPS for the current fiscal year.

Tele2 Company Profile

(Get Free Report)

Tele2 AB is a European telecommunications company headquartered in Kista, Sweden. Since its founding in 1993, the firm has developed into a full-service provider of voice, data and multimedia solutions for both consumer and business markets. Its core offerings include mobile telephony, fixed and mobile broadband, voice over IP, digital television services and data network solutions, alongside emerging Internet of Things (IoT) and machine-to-machine connectivity products.

Tele2 operates primarily across the Nordic and Baltic regions, with key markets in Sweden, Estonia, Latvia and Lithuania.

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Analyst Recommendations for Tele2 (OTCMKTS:TLTZY)

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