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Koninklijke KPN (OTCMKTS:KKPNF) Stock Rating Upgraded by Berenberg Bank

Koninklijke KPN logo with Utilities background

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) was upgraded by investment analysts at Berenberg Bank to a "strong-buy" rating in a report issued on Thursday,Zacks.com reports.

Koninklijke KPN Price Performance

Shares of KKPNF traded down $0.02 during mid-day trading on Thursday, hitting $4.84. The company's stock had a trading volume of 8,614 shares, compared to its average volume of 20,857. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.74 and a quick ratio of 0.72. The firm has a 50-day moving average price of $4.67 and a 200 day moving average price of $4.14. Koninklijke KPN has a fifty-two week low of $3.49 and a fifty-two week high of $4.95. The stock has a market capitalization of $18.82 billion, a price-to-earnings ratio of 24.20 and a beta of 0.35.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.41 billion. Koninklijke KPN had a return on equity of 23.34% and a net margin of 14.88%. On average, research analysts predict that Koninklijke KPN will post 0.26 EPS for the current fiscal year.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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