Telia Company AB (publ) (OTCMKTS:TLSNY) Lifted to “Neutral” at Citigroup

Telia Company AB (publ) (OTCMKTS:TLSNYGet Rating) was upgraded by research analysts at Citigroup from a “sell” rating to a “neutral” rating in a report released on Friday, The Fly reports.

Separately, Sanford C. Bernstein lowered Telia Company AB (publ) from a “market perform” rating to an “underperform” rating in a report on Friday, February 3rd. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $33.25.

Telia Company AB (publ) Stock Performance

Shares of TLSNY opened at $4.86 on Friday. The business has a 50-day moving average of $5.13 and a 200 day moving average of $5.19. Telia Company AB has a fifty-two week low of $4.83 and a fifty-two week high of $8.49. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.88 and a quick ratio of 0.81.

Telia Company AB (publ) (OTCMKTS:TLSNYGet Rating) last announced its quarterly earnings data on Wednesday, April 26th. The technology company reported $0.03 earnings per share for the quarter. Telia Company AB (publ) had a negative return on equity of 16.68% and a negative net margin of 15.36%. The company had revenue of $2.21 billion during the quarter. Analysts forecast that Telia Company AB will post 0.25 earnings per share for the current fiscal year.

About Telia Company AB (publ)

(Get Rating)

Telia Co AB engages in the provision of network access and telecommunication services. It operates through the following geographical segments: Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and TV and Media. It focuses on mobile, television, and fixed-line operations. The company was founded in 1853 and is headquartered in Solna, Sweden.

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Analyst Recommendations for Telia Company AB (publ) (OTCMKTS:TLSNY)

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