Zacks: Telekom Austria AG (TKAGY) Receives Consensus Recommendation of “Hold” from Analysts
Telekom Austria AG (NASDAQ:TKAGY) has been given an average broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.
Zacks has also assigned Telekom Austria AG an industry rank of 47 out of 265 based on the ratings given to related companies.
A number of brokerages have recently commented on TKAGY. Zacks Investment Research raised Telekom Austria AG from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Thursday, September 14th. ValuEngine lowered Telekom Austria AG from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st.
Shares of Telekom Austria AG (TKAGY) traded down 3.22% during mid-day trading on Friday, reaching $18.79. The company’s stock had a trading volume of 1,647 shares. The firm has a market cap of $6.24 billion and a PE ratio of 13.27. The company has a 50-day moving average of $18.97 and a 200-day moving average of $15.78. Telekom Austria AG has a 12 month low of $10.98 and a 12 month high of $19.58.
About Telekom Austria AG
Telekom Austria AG is a telecommunications provider. The Company and its subsidiaries are engaged as full service telecommunications providers of long distance, local and wireless services, and corporate data communications services, as well as Internet services and television broadcasting. It also supplies telephones and technical equipment for telephone communications.
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