Telenor ASA (TELNY) Stock Forecast & Price Target

$11.68

-0.04 (-0.34%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Short Interest

Telenor ASA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Based on 4 Wall Street analysts who have issued ratings for Telenor ASA in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a sell rating, 2 have given a buy rating, and 1 has given a strong buy rating for TELNY.

Consensus Price Target

N/A

According to the 4 analysts' twelve-month price targets for Telenor ASA,

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Hold	Hold	Hold
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A

Get Telenor ASA Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for TELNY and its competitors with MarketBeat's FREE daily newsletter.

Ad Weiss Ratings

Nvidia’s Quiet $1 Trillion Pivot

Nvidia recently added $277 billion in market cap … IN ONE DAY.

Find out details on these three critical Nvidia partners immediately.

TELNY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TELNY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Telenor ASA Stock vs. The Competition

Type	Telenor ASA	Utilities Companies	S&P 500
Consensus Rating Score	2.75	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside		60.25% Upside	9.09% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating
7/8/2024	New Street Research 4 of 5 stars	R. Waller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/10/2023	DNB Markets 4 of 5 stars		Downgrade	Buy ➝ Sell
9/25/2023	Berenberg Bank 2 of 5 stars		Upgrade	Hold ➝ Buy
9/15/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight
5/26/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
4/21/2023	Pareto Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
2/6/2023	Nordea Equity Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
1/12/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight
1/11/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:55 AM ET.

TELNY Forecast - Frequently Asked Questions

Should I buy or sell Telenor ASA stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telenor ASA in the last twelve months. There is currently 1 sell rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TELNY shares.
Has Telenor ASA been upgraded by Wall Street analysts recently?: Over the previous 90 days, Telenor ASA's stock had 1 upgrade by analysts.
What analysts cover Telenor ASA?: Telenor ASA has been rated by research analysts at New Street Research in the past 90 days.
Do Wall Street analysts like Telenor ASA more than its competitors?: Analysts like Telenor ASA more than other "utilities" companies. The consensus rating for Telenor ASA is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how TELNY compares to other companies.