Telia Company AB (publ) (OTCMKTS:TLSNY – Get Assessment) saw its price target raised by research analysts at JPMorgan Chase & Co. from 40 SEK to 41 SEK in a research report published on Thursday, reports The Fly. The company currently has an “underweight” rating on shares of the technology company.

Several other stock analysts have also weighed in on the company recently. Morgan Stanley raised its price target on Telia Company AB (publ) from SEK 33 to SEK 35 and gave the company an “underweight” rating in a Friday, June 17 research note. Barclays upgraded shares of Telia Company AB (publ) from a ‘weighted’ rating to an ‘overweight’ rating in a research report on Wednesday June 22. Berenberg Bank upgraded shares of Telia Company AB (publ) from a “sell” rating to a “hold” rating in a Thursday, May 12 research report. Finally, UBS Group upgraded the shares of Telia Company AB (publ) from a “neutral” rating to a “buy” rating in a Thursday, May 19 research report. Three equity research analysts have assigned the stock a sell rating, four have issued a hold rating and three have assigned the stock a buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $38.85.

OTCMKTS TLSNY fell $0.03 during Thursday’s midday session, hitting $7.52. The company’s shares had a trading volume of 204,651 shares, compared to an average volume of 65,044. The company has a market capitalization of $15.38 billion, a price-to-earnings ratio of 11.22 and a beta of 0.26. The company’s 50-day simple moving average is $7.95 and its 200-day simple moving average is $7.86. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt ratio of 1.04. Telia Company AB has a 12-month low of $6.76 and a 12-month high of $9.16.

Telia Company AB (publ) (OTCMKTS:TLSNY – Get Rating) last released its quarterly earnings data on Wednesday, April 27. The technology company reported earnings per share (EPS) of $0.05 for the quarter. Telia Company AB (publ) achieved a net margin of 13.85% and a return on equity of 15.29%. The company posted revenue of $2.34 billion in the quarter, versus $2.28 billion expected by analysts. As a group, research analysts expect Telia Company AB to post an EPS of 0.32 for the current year.

Telia Company AB (publ) Company profile (Get an assessment)

Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, Estonia and Latvia. The company offers mobile, broadband, TV and fixed-line services to businesses, individuals, families and communities. It provides Networking, Cloud & 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, colocation, and IoT connectivity solutions, as well as content delivery and production services , and customer financing services.

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