According to Zacks, “Swisscom is Switzerland’s leading telecommunications company. The innovative, customer-focused and strongly-competitive group offers a full range of voice and data communication services on fixed-line and mobile networks. Swisscom offers the complete spectrum of state-of-the-art data services, from leased lines to integrated solutions for corporate customers. “
SCMWY has been the subject of a number of other research reports. Barclays decreased their target price on shares of Swisscom from CHF 470 to CHF 455 in a research report on Friday, April 1st. Citigroup raised their price objective on shares of Swisscom from CHF 500 to CHF 505 and gave the stock a “neutral” rating in a report on Friday, February 4th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, Swisscom presently has an average rating of “Hold” and an average price target of $342.33.
Swisscom (OTCMKTS:SCMWY – Get Rating) last announced its quarterly earnings results on Thursday, February 3rd. The utilities provider reported $0.63 earnings per share for the quarter. Swisscom had a return on equity of 17.51% and a net margin of 16.40%. The business had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Equities analysts anticipate that Swisscom will post 3.15 earnings per share for the current fiscal year.
Swisscom Company Profile (Get Rating)
Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, broadband, TV, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.
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