TeliaSonera (OTCMKTS:TLSNY) Upgraded by Wall Street Zen to “Buy” Rating

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

Several other research analysts also recently weighed in on TLSNY. Citigroup upgraded shares of TeliaSonera to a “hold” rating in a research note on Friday, September 12th. Kepler Capital Markets upgraded shares of TeliaSonera from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

TeliaSonera Price Performance

TeliaSonera stock opened at $7.73 on Wednesday. TeliaSonera has a 1 year low of $5.33 and a 1 year high of $8.16. The firm has a 50 day moving average price of $7.61 and a 200 day moving average price of $7.44. The company has a market cap of $15.20 billion, a price-to-earnings ratio of 33.61 and a beta of 0.41. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.82 and a current ratio of 0.86.

TeliaSonera (OTCMKTS:TLSNY) last released its earnings results on Thursday, October 23rd. The technology company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.12. TeliaSonera had a net margin of 5.48% and a return on equity of 10.66%. The firm had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.10 billion. Sell-side analysts predict that TeliaSonera will post 0.34 earnings per share for the current year.

TeliaSonera Company Profile

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.