TeliaSonera AB (OTCMKTS:TLSNY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of TeliaSonera AB (OTCMKTS:TLSNY) have been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a strong buy rating to the company.

A number of equities research analysts have issued reports on the company. Berenberg Bank lowered TeliaSonera from a “hold” rating to a “strong sell” rating in a research note on Friday, June 12th. Barclays upgraded TeliaSonera from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Finally, Citigroup upgraded TeliaSonera to a “strong-buy” rating in a research note on Thursday, May 7th.

TeliaSonera Price Performance

TLSNY opened at $9.96 on Thursday. The stock has a 50-day moving average price of $10.41 and a 200-day moving average price of $9.71. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.74 and a quick ratio of 0.69. The firm has a market cap of $19.58 billion, a PE ratio of 39.84 and a beta of 0.35. TeliaSonera has a 1 year low of $6.67 and a 1 year high of $10.98.

TeliaSonera (OTCMKTS:TLSNY) last issued its earnings results on Friday, April 24th. The technology company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). TeliaSonera had a return on equity of 8.67% and a net margin of 5.98%.The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Sell-side analysts predict that TeliaSonera will post 0.49 earnings per share for the current fiscal 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.