TeliaSonera (OTCMKTS:TLSNY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of TeliaSonera (OTCMKTS:TLSNY) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning.

TLSNY has been the topic of several other reports. Citigroup raised shares of TeliaSonera to a “hold” rating in a report on Friday, September 12th. Kepler Capital Markets raised shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, TeliaSonera presently has a consensus rating of “Moderate Buy”.

TeliaSonera Price Performance

TLSNY opened at $7.98 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.82 and a debt-to-equity ratio of 1.55. The company has a fifty day simple moving average of $7.63 and a 200 day simple moving average of $7.45. The firm has a market cap of $15.69 billion, a price-to-earnings ratio of 34.70 and a beta of 0.40. TeliaSonera has a twelve month low of $5.33 and a twelve month high of $8.16.

TeliaSonera (OTCMKTS:TLSNY) last posted its quarterly earnings data 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 company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.10 billion. TeliaSonera had a return on equity of 10.66% and a net margin of 5.48%. Equities research analysts expect that TeliaSonera will post 0.34 EPS for the current fiscal year.

About TeliaSonera

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and 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, and colocation solutions.