RBC Capital Markets Initiates Coverage on Swisscom AG (SCMWY)
Analysts at RBC Capital Markets started coverage on shares of Swisscom AG (OTCMKTS:SCMWY) in a report released on Friday. The brokerage set an “underperform” rating on the stock.
Separately, Zacks Investment Research upgraded Swisscom AG from a “sell” rating to a “hold” rating in a research report on Wednesday, July 20th.
Shares of Swisscom AG (OTCMKTS:SCMWY) opened at 49.285 on Friday. The firm has a market cap of $25.52 billion, a P/E ratio of 18.257 and a beta of 0.53. The stock has a 50 day moving average of $48.77 and a 200 day moving average of $49.75. Swisscom AG has a 52 week low of $45.49 and a 52 week high of $55.67.
About Swisscom AG
Swisscom AG provides telecommunication services in Switzerland and Italy. The Company’s segments include Swisscom Switzerland, Fastweb, Other Operating Segments, Group Headquarters, which comprises the Company’s divisions, such as Group Business Steering, Group Strategy & Board Services, Group Communications & Responsibility, and Group Human Resources, as well as employment company Worklink AG.
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