Telecom Argentina Stet - France Telecom S.A. (NYSE:TEO) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Analysts have an average rating of "Reduce" on Telecom Argentina (five analysts total: three sell, one hold, one buy) with a consensus 1‑year price target of $11.70.
• Several institutional investors have recently added or increased positions—notably Sagil Capital, Banco BTG Pactual, RWC Asset Management, Marshall Wace and Two Sigma—indicating renewed institutional interest.
• The stock trades around $11.70 with a market cap of $5.04B, a negative P/E (-35.46), recent quarterly EPS of $0.02, and a 12‑month range of $6.43–$13.81.

Telecom Argentina Stet - France Telecom S.A. (NYSE:TEO - Get Free Report) has earned an average rating of "Reduce" from the five ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $11.70.

A number of analysts have issued reports on TEO shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Telecom Argentina Stet - France Telecom in a research note on Monday, December 29th. Zacks Research raised Telecom Argentina Stet - France Telecom from a "strong sell" rating to a "hold" rating in a research report on Monday, February 23rd. Finally, Scotiabank lowered shares of Telecom Argentina Stet - France Telecom from a "sector perform" rating to a "sector underperform" rating and raised their target price for the stock from $8.20 to $8.60 in a research report on Friday, March 27th.

Institutional Trading of Telecom Argentina Stet - France Telecom

A number of institutional investors have recently made changes to their positions in the business. Sagil Capital LLP acquired a new position in shares of Telecom Argentina Stet - France Telecom in the fourth quarter valued at about $7,629,000. Banco BTG Pactual S.A. purchased a new stake in shares of Telecom Argentina Stet - France Telecom during the 3rd quarter worth about $2,725,000. RWC Asset Management LLP boosted its position in Telecom Argentina Stet - France Telecom by 50.7% during the fourth quarter. RWC Asset Management LLP now owns 1,009,244 shares of the utilities provider's stock worth $11,717,000 after purchasing an additional 339,416 shares in the last quarter. Marshall Wace LLP acquired a new stake in Telecom Argentina Stet - France Telecom in the 4th quarter valued at $1,969,000. Finally, Two Sigma Investments LP grew its position in shares of Telecom Argentina Stet - France Telecom by 317.8% in the third quarter. Two Sigma Investments LP now owns 204,172 shares of the utilities provider's stock valued at $1,484,000 after purchasing an additional 155,299 shares during the period.

Telecom Argentina Stet - France Telecom Stock Down 0.4%

Shares of NYSE:TEO opened at $11.70 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.46 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of -35.46 and a beta of 1.27. Telecom Argentina Stet - France Telecom has a 12-month low of $6.43 and a 12-month high of $13.81. The stock has a fifty day simple moving average of $11.75 and a two-hundred day simple moving average of $10.91.

Telecom Argentina Stet - France Telecom (NYSE:TEO - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The utilities provider reported $0.02 earnings per share for the quarter. Telecom Argentina Stet - France Telecom had a negative net margin of 2.17% and a negative return on equity of 2.53%. The company had revenue of $1.35 billion for the quarter. On average, research analysts anticipate that Telecom Argentina Stet - France Telecom will post 1.28 earnings per share for the current fiscal year.

Telecom Argentina Stet - France Telecom Company Profile

Telecom Argentina Stet – France Telecom NYSE: TEO is an integrated telecommunications provider based in Buenos Aires, Argentina. Originally formed through the 1990 privatization of the state-owned Empresa Nacional de Telecomunicaciones (ENTel), the company was initially backed by Italian state carrier STET and French operator France Télécom. Since its listing on the New York Stock Exchange under the ticker TEO, Telecom Argentina has evolved into one of the country's principal communications groups, offering a comprehensive portfolio of voice and data services.

The company's core business activities span fixed-line telephony, mobile services, broadband internet and digital television.

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