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

Shares of TeliaSonera AB (OTCMKTS:TLSNY) have been given a consensus recommendation of “Hold” by the four analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a strong buy rating on the company.

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

TeliaSonera Price Performance

Shares of TeliaSonera stock opened at $9.12 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.74 and a quick ratio of 0.69. TeliaSonera has a 1-year low of $6.74 and a 1-year high of $10.98. The business’s fifty day moving average price is $10.02 and its two-hundred day moving average price is $9.89. The company has a market capitalization of $17.93 billion, a P/E ratio of 33.78 and a beta of 0.36.

TeliaSonera (OTCMKTS:TLSNY) last released its quarterly earnings results on Friday, July 17th. The technology company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The company had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.14 billion. TeliaSonera had a return on equity of 9.10% and a net margin of 6.26%. As a group, research analysts forecast that TeliaSonera will post 0.45 EPS 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.