Telenor ASA (TELNY) Upgraded at ValuEngine

ValuEngine upgraded shares of Telenor ASA (OTCMKTS:TELNY) from a hold rating to a buy rating in a research note issued to investors on Friday morning.

Separately, Zacks Investment Research upgraded shares of Telenor ASA from a hold rating to a buy rating and set a $24.00 target price for the company in a research note on Friday, January 5th.

Shares of Telenor ASA (OTCMKTS TELNY) opened at $22.41 on Friday. Telenor ASA has a 52 week low of $15.40 and a 52 week high of $24.49. The company has a market cap of $34,450.95, a price-to-earnings ratio of 18.07, a PEG ratio of 7.46 and a beta of 0.97. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 0.85.

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Telenor ASA Company Profile

Telenor ASA is a telecommunication company. The Company’s segments include Norway, Sweden, Denmark, Hungary, Bulgaria, Montenegro & Serbia, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, India, Myanmar, Broadcast and Other units. The Company’s main products and services are mobile communication, fixed line communication and broadcasting activities.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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