Zacks Investment Research upgraded shares of Eutelsat Communications (OTCMKTS:EUTLF) from a strong sell rating to a hold rating in a research report report published on Monday.

According to Zacks, “Eutelsat Communications S.A. a satellite operator. Its satellites broadcasts television channels to cable and satellite homes. The Company’s satellites also serves fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat’s broadband subsidiary, Skylogic, markets and operates access to high speed Internet services through teleports that serve enterprises, local communities, government agencies and aid organizations. Eutelsat Communications S.A. is headquartered in Paris, France. “

Eutelsat Communications (OTCMKTS:EUTLF) opened at 20.37 on Monday. The firm has a market capitalization of $4.74 billion, a PE ratio of 11.98 and a beta of 0.62. The stock has a 50 day moving average price of $20.10 and a 200-day moving average price of $22.76. Eutelsat Communications has a one year low of $17.05 and a one year high of $35.18.

Get a free copy of the Zacks research report on Eutelsat Communications (EUTLF)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Eutelsat Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eutelsat Communications and related companies with's FREE daily email newsletter.