B Communications Ltd. (BCOM) Rating Increased to Buy at Chardan Capital
Separately, TheStreet raised shares of B Communications from a “sell” rating to a “hold” rating in a research note on Thursday, August 25th.
B Communications (NASDAQ:BCOM) opened at 23.7088 on Tuesday. The company’s 50-day moving average is $23.87 and its 200 day moving average is $25.98. B Communications has a 12 month low of $19.05 and a 12 month high of $31.86. The firm has a market cap of $708.63 million, a price-to-earnings ratio of 16.8986 and a beta of 1.88.
About B Communications
B Communications Ltd. is focused on the telecommunications industry. The Company’s principal asset is its ownership interest in Bezeq The Israel Telecommunications Corp. Ltd. (Bezeq), a provider of communications services in Israel. Bezeq and its subsidiaries operate through segments, including Bezeq, which offers fixed-line telephony services and fixed-line broadband Internet infrastructure access; Pelephone, which offers cellular telephony services; Bezeq International, which offers Internet service provider (ISP) and international telephony (ILD) services, and DBS, which offers pay television services.
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