Tele2 AB (publ) (OTCMKTS:TLTZY) The stock rating was upgraded by Citigroup

Tele2 AB (publ) (OTCMKTS:TLTZY – Get Free Report) was upgraded by equities researchers at Citigroup to a “strong-buy” rating in a report on Tuesday, Zacks.com reports.

Tele2 AB (publ) Price performance

Shares of OTCMKTS:TLTZY opened at $5.74 on Tuesday. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 22.96 and a beta of 0.58. The firm has a fifty day moving average price of $5.28 and a 200 day moving average price of $4.86. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.82, and a current ratio of 0.89. Tele2 AB has a fifty-two week low of $3.36 and a fifty-two week high of $5.78.

Tele2 AB (publ) (OTCMKTS:TLTZY – Get Your Free Report ) last announced its quarterly earnings results on Wednesday, July 17th. The company reported $0.06 EPS for the quarter. Tele2 AB (publ) had a net margin of 12.85% and a return on equity of 16.25%. The firm had revenue of $678.91 million during the quarter. As a group, sell-side analysts expect that Tele2 AB will post 0.27 earnings per share for the current fiscal year.

About Tele2 AB (publ)

(Get a free report)

Tele2 AB (publ) provides fixed and mobile connectivity, telephone-related data services and entertainment services in Sweden, Lithuania, Latvia and Estonia. The company offers mobile and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, unified communications and security services.

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