Elisa Oyj (OTCMKTS:ELMUF) Given Consensus Rating of “Hold” by Analysts

Shares of Elisa Oyj (OTCMKTS:ELMUFGet Rating) have been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $35.30.

Several research analysts have commented on ELMUF shares. DNB Markets downgraded shares of 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. Berenberg Bank downgraded shares of Elisa Oyj from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Elisa Oyj from €19.40 ($20.86) to €18.60 ($20.00) and set a “buy” rating for the company in a report on Wednesday, April 13th. Finally, Barclays dropped their price objective on shares of Elisa Oyj from €53.00 ($56.99) to €52.00 ($55.91) in a report on Tuesday, April 26th.

Elisa Oyj stock opened at $56.45 on Thursday. Elisa Oyj has a 1-year low of $57.11 and a 1-year high of $65.10. The firm has a 50 day simple moving average of $59.23 and a 200 day simple moving average of $59.92.

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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