Tele2 AB Rating Reiterated by AlphaValue (TEL2-A)

Tele2 AB (STO: TEL2-A)‘s stock had its “buy” rating reiterated by equities researchers at AlphaValue in a research report issued on Thursday, Stock Ratings Network reports. They currently have a SEK 107 price objective on the stock.

A number of other analysts have also recently weighed in on TEL2-A. Analysts at DNB Markets reiterated a “sell” rating on shares of Tele2 AB in a research note to investors on Tuesday, June 4th. They now have a SEK 70 price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Tele2 AB to an “outperform” rating in a research note to investors on Wednesday, May 29th. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Tele2 AB in a research note to investors on Wednesday, May 22nd. They now have a SEK 91 price target on the stock.

Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of SEK 98.23.

Tele2 AB is a Sweden-based company engaged in the telecommunications sector. The Company offers mobile communication services, fixed broadband and telephony, data network services, cable television (STO: TEL2-A), and content services, with mobile communication as its primary focus area.

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