Swisscom AG (OTCMKTS:SCMWY – Get Rating)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $52.16 and traded as high as $58.95. Swisscom shares last traded at $58.19, with a volume of 15,410 shares traded.
Analyst Upgrades and Downgrades
SCMWY has been the topic of a number of recent analyst reports. Barclays lifted their price target on Swisscom from CHF 475 to CHF 500 and gave the stock an “underweight” rating in a report on Thursday, January 5th. JPMorgan Chase & Co. boosted their target price on Swisscom from CHF 674 to CHF 702 and gave the company a “neutral” rating in a research note on Thursday, January 5th. Deutsche Bank Aktiengesellschaft lowered Swisscom from a “hold” rating to a “sell” rating in a research note on Monday, December 5th. Societe Generale upgraded Swisscom from a “hold” rating to a “buy” rating in a research note on Wednesday, January 11th. Finally, UBS Group upgraded Swisscom from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 11th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $569.00.
Swisscom Stock Performance
The company has a market capitalization of $301.44 billion, a PE ratio of 18.77, a PEG ratio of 7.71 and a beta of 0.23. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $54.73 and a two-hundred day moving average price of $52.16.
Swisscom AG engages in the provision of telecommunication services. It operates through the following segments: Swisscom Switzerland, Fastweb, Other Operating Segments and Group Headquarters. The Swisscom Switzerland segment comprises residential customers, enterprise customers, wholesale and information technology, network and infrastructure.
- Get a free copy of the StockNews.com research report on Swisscom (SCMWY)
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