Koninklijke KPN (OTCMKTS:KKPNF) Upgraded to “Hold” at Zacks Investment Research

Koninklijke KPN (OTCMKTS:KKPNFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Koninklijke KPN NV, formerly Royal PTT Nederland NV is an international service provider in the fields of post, telecommunications, cable and multimedia. The operational activities are carried out by operating companies and profit centres. For example, PTT Post collects, sorts and distributes large flows of postal items and PTT Telecom provides private individuals, companies, institutions and organizations with a wide range of telecommunications services. KPN Kabel operates, develops and manages cable networks and services. “

Koninklijke KPN stock opened at $3.76 on Tuesday. Koninklijke KPN has a 1 year low of $2.87 and a 1 year high of $3.78. The business has a 50-day moving average of $3.44 and a 200-day moving average of $3.22.

About Koninklijke KPN (Get Rating)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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