Tele2 (OTCMKTS:TLTZY) Receives Average Recommendation of “Buy” from Analysts

Tele2 (OTCMKTS:TLTZYGet Free Report) has earned a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company.

TLTZY has been the topic of several research analyst reports. New Street Research raised shares of Tele2 to a “buy” rating in a report on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a research note on Tuesday, January 27th.

View Our Latest Analysis on TLTZY

Tele2 Price Performance

OTCMKTS:TLTZY opened at $9.16 on Tuesday. The business’s 50-day simple moving average is $8.28 and its two-hundred day simple moving average is $8.26. Tele2 has a 52 week low of $5.45 and a 52 week high of $9.64. The stock has a market cap of $12.54 billion, a PE ratio of 26.94 and a beta of 0.45. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 1.07.

Tele2 (OTCMKTS:TLTZYGet Free Report) last released its earnings results on Wednesday, January 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). Tele2 had a return on equity of 22.04% and a net margin of 15.40%.The business had revenue of $854.77 million for the quarter, compared to analysts’ expectations of $866.14 million. As a group, analysts forecast that Tele2 will post 0.28 EPS for the current fiscal year.

About Tele2

(Get Free Report)

Tele2 AB is a European telecommunications company headquartered in Kista, Sweden. Since its founding in 1993, the firm has developed into a full-service provider of voice, data and multimedia solutions for both consumer and business markets. Its core offerings include mobile telephony, fixed and mobile broadband, voice over IP, digital television services and data network solutions, alongside emerging Internet of Things (IoT) and machine-to-machine connectivity products.

Tele2 operates primarily across the Nordic and Baltic regions, with key markets in Sweden, Estonia, Latvia and Lithuania.

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Analyst Recommendations for Tele2 (OTCMKTS:TLTZY)

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