Swisscom AG (SCMWY) Upgraded to “Buy” by ValuEngine

ValuEngine upgraded shares of Swisscom AG (OTCMKTS:SCMWY) from a hold rating to a buy rating in a report published on Monday morning.

A number of other research analysts have also recently commented on SCMWY. Zacks Investment Research upgraded shares of Swisscom AG from a hold rating to a buy rating and set a $56.00 price target for the company in a research note on Thursday, August 24th. Berenberg Bank cut shares of Swisscom AG from a hold rating to a sell rating in a research note on Thursday, October 5th.

Swisscom AG (SCMWY) opened at $51.28 on Monday. The company has a market cap of $26,480.16, a PE ratio of 14.82 and a beta of 0.45. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.88 and a current ratio of 0.88. Swisscom AG has a one year low of $42.14 and a one year high of $51.65.

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About Swisscom AG

Swisscom AG is a holding company. The Company, through its subsidiaries, provides telecommunication services in Switzerland and Italy. The Company’s segments include Swisscom Switzerland, Fastweb, Other Operating Segments and Group Headquarters. Swisscom Switzerland comprises the customer segments, Residential Customers, Enterprise Customers and Wholesale, as well as the information technology (IT), Network and Infrastructure division.

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