TeliaSonera AB (OTCMKTS:TLSNY) Given Average Rating of “Moderate Buy” by Analysts

TeliaSonera AB (OTCMKTS:TLSNY) has been given an average rating of “Moderate Buy” by the five analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a strong buy recommendation on the company.

Several analysts recently weighed in on the stock. Citigroup upgraded shares of TeliaSonera to a “strong-buy” rating in a research report on Thursday, May 7th. Barclays upgraded shares of TeliaSonera from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Berenberg Bank lowered shares of TeliaSonera from a “hold” rating to a “strong sell” rating in a research note on Friday, June 12th.

TeliaSonera Price Performance

Shares of TLSNY opened at $9.33 on Thursday. TeliaSonera has a 12 month low of $6.67 and a 12 month high of $10.98. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.74 and a quick ratio of 0.69. The stock has a fifty day moving average price of $10.37 and a 200 day moving average price of $9.77. The company has a market cap of $18.34 billion, a P/E ratio of 37.32 and a beta of 0.37.

TeliaSonera (OTCMKTS:TLSNY) last announced its quarterly earnings results on Friday, April 24th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). The firm had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.21 billion. TeliaSonera had a net margin of 5.98% and a return on equity of 8.67%. On average, research analysts forecast that TeliaSonera will post 0.49 earnings per share for the current year.

TeliaSonera Company Profile

TeliaSonera (OTCMKTS:TLSNY) operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.

The roots of TeliaSonera trace back to the 19th century with Sweden’s Royal Telegraph Agency and Finland’s national carrier, Sonera.