Telenor ASA (OTCMKTS:TELNY) Downgraded to “Strong Sell” Rating by Zacks Research

Posted by Francis Steltz on Jul 9th, 2026

Telenor ASA (OTCMKTS:TELNY – Get Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Citigroup cut Telenor ASA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 7th. Barclays lowered Telenor ASA from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, June 23rd. Finally, Pareto Securities downgraded Telenor ASA from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Three analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Telenor ASA currently has a consensus rating of “Reduce”.

Get Our Latest Stock Report on Telenor ASA

Telenor ASA Trading Up 0.5%

Shares of OTCMKTS:TELNY opened at $14.75 on Tuesday. The firm has a fifty day moving average of $15.89 and a two-hundred day moving average of $16.43. The firm has a market capitalization of $20.18 billion, a P/E ratio of 14.18 and a beta of 0.31. Telenor ASA has a 12-month low of $13.79 and a 12-month high of $18.92. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 0.98.

Telenor ASA (OTCMKTS:TELNY – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. Telenor ASA had a net margin of 18.28% and a return on equity of 16.31%. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.94 billion. On average, equities analysts expect that Telenor ASA will post 2.09 EPS for the current fiscal year.

About Telenor ASA

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Telenor ASA is a Norway-based multinational telecommunications company that provides a broad range of communications and digital services to consumers and businesses. Its core offerings include mobile voice and data services, fixed broadband, television distribution, and related value-added digital services. The company also provides enterprise solutions such as business connectivity, cloud and hosting services, Internet of Things (IoT) connectivity, and wholesale telecommunications services.

In its consumer-facing business, Telenor operates mobile networks, broadband access and content services, and increasingly bundles digital and financial services to enhance customer engagement.

Telenor ASA (OTCMKTS:TELNY) Downgraded to “Strong Sell” Rating by Zacks Research

Telenor ASA Trading Up 0.5%

About Telenor ASA

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