Elisa Oyj (OTCMKTS:ELMUF) Given Average Rating of “Hold” by Brokerages

Shares of Elisa Oyj (OTCMKTS:ELMUFGet Rating) have earned a consensus rating of “Hold” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $35.30.

Several research analysts have weighed in on ELMUF shares. DNB Markets downgraded Elisa Oyj from a “buy” rating to a “hold” rating in a research note on Friday, April 8th. They noted that the move was a valuation call. Deutsche Bank Aktiengesellschaft lowered their target price on Elisa Oyj from €19.40 ($20.42) to €18.60 ($19.58) and set a “buy” rating on the stock in a research note on Wednesday, April 13th. Berenberg Bank downgraded Elisa Oyj from a “buy” rating to a “hold” rating in a research note on Wednesday. The Goldman Sachs Group downgraded Elisa Oyj from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 18th. Finally, Barclays lowered their target price on Elisa Oyj from €53.00 ($55.79) to €52.00 ($54.74) in a research note on Tuesday, April 26th.

ELMUF opened at $59.47 on Friday. Elisa Oyj has a 52 week low of $57.11 and a 52 week high of $65.10. The business’s 50 day moving average is $59.38 and its two-hundred day moving average is $60.23.

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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Analyst Recommendations for Elisa Oyj (OTCMKTS:ELMUF)

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