ValuEngine cut shares of SK Telecom (NYSE:SKM) from a strong-buy rating to a buy rating in a research note published on Wednesday morning.
A number of other analysts also recently issued reports on SKM. Zacks Investment Research downgraded SK Telecom from a buy rating to a hold rating in a research report on Thursday, January 11th. Macquarie downgraded SK Telecom from an outperform rating to a neutral rating in a research report on Friday, February 23rd. Morgan Stanley reissued an equal weight rating on shares of SK Telecom in a research report on Thursday, January 11th. Citigroup raised SK Telecom from a neutral rating to a buy rating in a research report on Friday, December 1st. Finally, CLSA downgraded SK Telecom from an outperform rating to an underperform rating in a research report on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $30.00.
Shares of SK Telecom (NYSE SKM) opened at $24.32 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $15,456.45, a PE ratio of 7.07 and a beta of 0.45. SK Telecom has a 52-week low of $23.01 and a 52-week high of $28.97.
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About SK Telecom
SK Telecom Co, Ltd. provides wireless telecommunications in Korea. The Company is engaged in the commercial development and implementation of wireless and fixed-line technologies and services, as well as develop its platforms, including Internet of things (IoT) solutions, lifestyle enhancement and advanced media.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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