Belgacom SA Receives Market Perform Rating from Raymond James (BELG)

Belgacom SA (EBR: BELG)‘s stock had its “market perform” rating reaffirmed by equities research analysts at Raymond James in a research note issued to investors on Wednesday, StockRatingsNetwork reports. They currently have a €15.50 ($20.13) price objective on the stock.

Belgacom SA (EBR: BELG) traded down 0.52% on Wednesday, hitting €17.285. Belgacom SA has a 52-week low of €16.685 and a 52-week high of €24.28. The stock’s 50-day moving average is currently €23.74.

BELG has been the subject of a number of other recent research reports. Analysts at Kempen & Co reiterated a “hold” rating on shares of Belgacom SA in a research note to investors on Tuesday, June 4th. They now have a €20.50 ($26.62) price target on the stock. Analysts at AlphaValue reiterated a “buy” rating on shares of Belgacom SA in a research note to investors on Thursday, May 23rd. They now have a €27.70 ($35.97) price target on the stock.

Belgacom SA is a Belgium-based company registered under the Belgian public law that provides both fixed and mobile telecommunication services, including telephony, Internet and television services for both professional and private customers.

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