Swisscom (SCMWY) Lifted to “Hold” at ValuEngine
Swisscom (OTCMKTS:SCMWY) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a report issued on Monday.
Separately, Zacks Investment Research upgraded Swisscom from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Wednesday, July 18th.
OTCMKTS SCMWY traded up $0.69 on Monday, reaching $46.07. 10,362 shares of the stock traded hands, compared to its average volume of 15,782. The company has a quick ratio of 0.69, a current ratio of 0.73 and a debt-to-equity ratio of 0.84. The firm has a market cap of $23.47 billion, a PE ratio of 14.96, a price-to-earnings-growth ratio of 6.42 and a beta of 0.56. Swisscom has a 12 month low of $43.61 and a 12 month high of $55.62.
Swisscom AG provides telecommunication services primarily in Switzerland and Italy. The company operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. It offers broadband, TV, fixed-network, and mobile phone subscription services, as well as national and international telephone, and data traffic services for residential customers, and small and medium-sized enterprises.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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