Tele2 (OTCMKTS:TLTZY) Shares Gap Up – Still a Buy?

Posted by on Oct 17th, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $7.58, but opened at $8.28. Tele2 shares last traded at $8.28, with a volume of 667 shares traded.

Analyst Ratings Changes

A number of brokerages have issued reports on TLTZY. Kepler Capital Markets raised Tele2 from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Sanford C. Bernstein downgraded shares of Tele2 to a “market perform” rating in a research note on Thursday, September 24th. BNP Paribas Exane lowered shares of Tele2 from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 9th. Finally, Zacks Research lowered shares of Tele2 from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Read Our Latest Stock Report on TLTZY

Tele2 Price Performance

The company has a market capitalization of $11.02 billion, a PE ratio of 10.27 and a beta of 0.38. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 0.94. The company’s 50 day moving average price is $8.47 and its 200-day moving average price is $9.09.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last issued its earnings results on Thursday, July 16th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). Tele2 had a return on equity of 43.42% and a net margin of 33.96%. The firm had revenue of $766.77 million during the quarter, compared to analysts’ expectations of $750.18 million. On average, sell-side analysts forecast that Tele2 will post 0.75 earnings per share for the current fiscal year.

About Tele2

(Get Free Report)

Tele2 AB is a Swedish telecommunications company that provides mobile and fixed communications services to consumers, businesses and public-sector customers. Its offerings include mobile voice and data services, broadband connectivity, fixed-line communications, digital television and related communications solutions.

The company also provides internet-of-things (IoT) connectivity and other business services designed to help organizations connect devices, manage communications and support digital operations.

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