Telia Company AB (publ) (OTCMKTS:TLSNY – Get Rating) has received a consensus recommendation of “Hold” by the nine rating companies that cover the company, reports MarketBeat Ratings. Two investment analysts gave the stock a sell rating, five gave the company a hold rating and one gave the company a buy rating. The 12-month average price target among brokerages that have covered the stock over the past year is $37.47.
TLSNY has been the subject of several analyst reports. Zacks Investment Research upgraded Telia Company AB (publ) from a “sell” rating to a “hold” rating in a Friday, March 18 research note. Barclays reduced its price target on Telia Company AB (publ) from SEK 45 to SEK 43 in a Friday April 1 research note. Goldman Sachs Group upgraded Telia Company AB (publ) from a “neutral” rating to a “buy” rating in a Tuesday, January 18 report. JPMorgan Chase & Co. lowered its price target on Telia Company AB (publ) from SEK 34 to SEK 33 and set an “underweight” rating on the stock in a Friday, January 21 report. Finally, UBS Group lowered its price target on Telia Company AB (publ) from SEK 36.50 to SEK 36.40 and set a “neutral” rating on the stock in a Friday, January 21 report.
Shares of OTCMKTS TLSNY opened at $8.00 on Friday. Telia Company AB has a 52-week low of $6.76 and a 52-week high of $9.16. The company has a 50-day simple moving average of $7.77 and a two-hundred-day simple moving average of $7.84. The company has a quick ratio of 0.94, a current ratio of 0.99 and a leverage ratio of 1.10. The company has a market capitalization of $16.35 billion, a P/E ratio of 11.76 and a beta of 0.29.
Telia Company AB (publ) (OTCMKTS:TLSNY – Get Rating) last reported results on Friday, January 28. The technology company reported EPS of $0.06 for the quarter. Telia Company AB (publ) achieved a return on equity of 15.73% and a net margin of 13.49%. The company posted revenue of $2.64 billion in the quarter, versus a consensus estimate of $2.53 billion. Equity research analysts expect Telia Company AB to post EPS of 0.35 for the current year.
The company also recently declared a dividend, which will be paid on Thursday, April 28. Shareholders of record on Friday, April 8 will receive a dividend of $0.1493. The ex-date of this dividend is Thursday, April 7. This represents a dividend yield of 3.89%. The payout ratio of Telia Company AB (publ) is currently 44.12%.
Telia Company AB (publ) Company profile (Get a rating)
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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