TeliaSonera AB (OTCMKTS:TLSNY) Receives Consensus Rating of “Moderate Buy” from Analysts

TeliaSonera AB (OTCMKTS:TLSNY) has been assigned a consensus rating of “Moderate Buy” from the five research firms that are currently covering the stock, MarketBeat reports. One equities 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.

A number of research analysts have weighed in on TLSNY shares. Berenberg Bank lowered TeliaSonera from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. Citigroup upgraded shares of TeliaSonera to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, Barclays upgraded shares of TeliaSonera from a “strong sell” rating to a “hold” rating in a research report on Tuesday.

TeliaSonera Stock Performance

OTCMKTS:TLSNY opened at $9.96 on Thursday. The company has a fifty day moving average of $10.41 and a 200-day moving average of $9.71. The firm has a market capitalization of $19.58 billion, a P/E ratio of 39.84 and a beta of 0.35. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 1.33. TeliaSonera has a twelve month low of $6.67 and a twelve month high of $10.98.

TeliaSonera (OTCMKTS:TLSNY) last announced its 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). TeliaSonera had a net margin of 5.98% and a return on equity of 8.67%. The business had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.21 billion. As a group, sell-side analysts anticipate that TeliaSonera will post 0.49 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.