Swisscom (OTCMKTS:SCMWY - Get Free Report) was upgraded by equities researchers at Berenberg Bank to a "hold" rating in a research note issued to investors on Thursday,Zacks.com reports.
Separately, BNP Paribas cut shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th.
View Our Latest Analysis on Swisscom
Swisscom Stock Up 0.9%
Shares of OTCMKTS:SCMWY opened at $70.17 on Thursday. The firm has a fifty day moving average price of $67.61 and a two-hundred day moving average price of $61.24. The company has a market cap of $363.51 billion, a price-to-earnings ratio of 22.14 and a beta of 0.30. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.85 and a quick ratio of 0.85. Swisscom has a one year low of $54.66 and a one year high of $71.21.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last posted its earnings results on Thursday, May 8th. The utilities provider reported $0.79 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.13). Swisscom had a return on equity of 11.08% and a net margin of 11.06%. The business had revenue of $4.58 billion for the quarter, compared to analysts' expectations of $4.19 billion. Analysts anticipate that Swisscom will post 3.47 EPS for the current fiscal year.
Swisscom Company Profile
(
Get Free Report)
Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.
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