TeliaSonera AB (OTCMKTS:TLSNY) Given Consensus Recommendation of “Hold” by Analysts

Shares of TeliaSonera AB (OTCMKTS:TLSNY) have received an average recommendation of “Hold” from the four research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and one has issued a strong buy recommendation on the company.

A number of research firms recently weighed in on TLSNY. Citigroup raised TeliaSonera to a “strong-buy” rating in a report on Thursday, May 7th. Barclays raised TeliaSonera from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Berenberg Bank cut shares of TeliaSonera from a “hold” rating to a “strong sell” rating in a research report on Friday, June 12th.

TeliaSonera Price Performance

Shares of OTCMKTS TLSNY opened at $9.34 on Monday. The business’s 50 day moving average price is $10.07 and its two-hundred day moving average price is $9.88. The company has a market cap of $18.36 billion, a PE ratio of 34.59 and a beta of 0.36. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 1.33. TeliaSonera has a twelve month low of $6.74 and a twelve month high of $10.98.

TeliaSonera (OTCMKTS:TLSNY) last released its quarterly earnings data on Friday, July 17th. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. TeliaSonera had a return on equity of 9.10% and a net margin of 6.26%.The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.14 billion. On average, analysts predict that TeliaSonera will post 0.45 EPS for the current year.

TeliaSonera Company Profile

TeliaSonera (OTCMKTS:TLSNY) operates under the Telia Company brand as one of the leading telecommunications providers in the Nordic and Baltic regions. The company delivers a wide range of services, including mobile and fixed voice communications, broadband internet, television and streaming offerings, and enterprise-grade data and IP solutions. Its consumer segment focuses on mobile subscriptions, digital TV packages and home connectivity, while its business division provides managed network services, cloud platforms and Internet of Things (IoT) applications.

The roots of TeliaSonera trace back to the 19th century with Sweden’s Royal Telegraph Agency and Finland’s national carrier, Sonera.