TeliaSonera AB (OTCMKTS:TLSNY) Raised to “Hold” at Berenberg Bank

Berenberg Bank upgraded shares of TeliaSonera AB (OTCMKTS:TLSNY) from a sell rating to a hold rating in a research note issued to investors on Friday, July 7th.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research upgraded TeliaSonera AB from a sell rating to a hold rating in a research report on Tuesday, March 21st. ValuEngine cut TeliaSonera AB from a buy rating to a hold rating in a report on Tuesday, June 6th.

TeliaSonera AB (TLSNY) traded down 0.50% during mid-day trading on Friday, reaching $9.38. 25,742 shares of the company traded hands. The company’s 50-day moving average is $9.14 and its 200-day moving average is $8.49. The stock has a market capitalization of $20.31 billion, a price-to-earnings ratio of 32.57 and a beta of 0.97. TeliaSonera AB has a 12-month low of $7.35 and a 12-month high of $9.67.

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