Telenor ASA (TELNY) Upgraded by ValuEngine to “Buy”

Telenor ASA (OTCMKTS:TELNY) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday, February 2nd.

Separately, Zacks Investment Research upgraded Telenor ASA from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Tuesday, January 23rd.

Telenor ASA (OTCMKTS:TELNY) opened at $22.04 on Friday. Telenor ASA has a 52-week low of $15.40 and a 52-week high of $24.49. The company has a market capitalization of $31,800.88, a PE ratio of 16.68, a PEG ratio of 6.88 and a beta of 0.97. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.71 and a quick ratio of 0.69.

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About Telenor ASA

Telenor ASA is a telecommunication company. The Company’s segments include Norway, Sweden, Denmark, Hungary, Bulgaria, Montenegro & Serbia, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, India, Myanmar, Broadcast and Other units. The Company’s main products and services are mobile communication, fixed line communication and broadcasting activities.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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