Swisscom (OTCMKTS:SCMWY) Stock Rating Upgraded by Berenberg Bank

Berenberg Bank upgraded shares of Swisscom (OTCMKTS:SCMWY - Free Report) to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, BNP Paribas downgraded shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 10th.

Swisscom Trading Down 0.1%

OTCMKTS:SCMWY traded down $0.09 during mid-day trading on Thursday, hitting $70.74. 18,386 shares of the company's stock were exchanged, compared to its average volume of 9,012. The company has a 50 day simple moving average of $67.81 and a 200-day simple moving average of $61.49. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.99. Swisscom has a fifty-two week low of $54.66 and a fifty-two week high of $71.21. The firm has a market capitalization of $366.44 billion, a P/E ratio of 22.32 and a beta of 0.30.

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 analyst estimates of $4.19 billion. As a group, research analysts expect that Swisscom will post 3.47 earnings per share for the current year.

Swisscom Company Profile

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.