Shares of Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) have been given a consensus recommendation of “Reduce” by the ten ratings firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $33.25.
Several research firms have weighed in on TLSNY. Berenberg Bank downgraded shares of Telia Company AB (publ) from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Citigroup upgraded Telia Company AB (publ) from a “sell” rating to a “neutral” rating in a research note on Friday, May 26th.
Telia Company AB (publ) Trading Up 0.3 %
Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) last announced its quarterly earnings data on Thursday, July 20th. The technology company reported $0.04 EPS for the quarter. Telia Company AB (publ) had a negative net margin of 16.39% and a negative return on equity of 19.99%. The company had revenue of $2.21 billion during the quarter. Research analysts forecast that Telia Company AB will post 0.2 earnings per share for the current year.
Telia Company AB (publ) Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, August 18th. Investors of record on Monday, July 31st were issued a $0.0916 dividend. The ex-dividend date of this dividend was Friday, July 28th. This is a positive change from Telia Company AB (publ)’s previous dividend of $0.06. Telia Company AB (publ)’s dividend payout ratio is currently -33.78%.
About Telia Company AB (publ)
Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.
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