Elisa Oyj (OTCMKTS:ELMUF) Given New €18.60 Price Target at Deutsche Bank Aktiengesellschaft

Elisa Oyj (OTCMKTS:ELMUFGet Rating) had its price objective decreased by analysts at Deutsche Bank Aktiengesellschaft from €19.40 ($21.09) to €18.60 ($20.22) in a note issued to investors on Wednesday, The Fly reports. The firm presently has a “buy” rating on the stock.

A number of other equities research analysts also recently weighed in on ELMUF. DNB Markets downgraded Elisa Oyj from a “buy” rating to a “hold” rating in a report on Friday, April 8th. They noted that the move was a valuation call. The Goldman Sachs Group downgraded Elisa Oyj from a “buy” rating to a “neutral” rating in a report on Tuesday, January 18th. Finally, Barclays lowered their target price on Elisa Oyj from €54.00 ($58.70) to €53.00 ($57.61) in a report on Friday, April 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $35.80.

Shares of ELMUF remained flat at $$59.47 during mid-day trading on Wednesday. Elisa Oyj has a 52-week low of $57.11 and a 52-week high of $65.10. The firm’s 50-day moving average is $59.45 and its 200 day moving average is $60.84.

About Elisa Oyj (Get Rating)

Elisa Oyj provides data communications and digital services. It operates in two segments, Consumer Customers and Corporate Customers segments. The company offers telecommunications and communications services, such as fixed and mobile subscription, digital, cable-tv subscription, entertainment, and e-reading services, as well as video conferencing services.

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