Tele2 (OTCMKTS:TLTZY) Downgraded to Hold Rating by Zacks Research

Posted by Brenda Bartman on Jul 11th, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

A number of other equities analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a research report on Tuesday, April 21st. Kepler Capital Markets upgraded shares of Tele2 from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Citigroup lowered shares of Tele2 from a “buy” rating to a “neutral” rating in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on TLTZY

Tele2 Trading Up 1.8%

Shares of TLTZY stock opened at $8.67 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.03. Tele2 has a 1 year low of $6.88 and a 1 year high of $11.61. The stock has a fifty day moving average of $9.37 and a two-hundred day moving average of $9.65. The firm has a market capitalization of $11.88 billion, a PE ratio of 11.12 and a beta of 0.40.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.40. The company had revenue of $764.89 million for the quarter, compared to analyst estimates of $775.46 million. Tele2 had a return on equity of 44.93% and a net margin of 34.19%. As a group, research analysts expect that Tele2 will post 0.83 EPS for the current year.

About Tele2

(Get Free Report)

Tele2 AB is a European telecommunications company headquartered in Kista, Sweden. Since its founding in 1993, the firm has developed into a full-service provider of voice, data and multimedia solutions for both consumer and business markets. Its core offerings include mobile telephony, fixed and mobile broadband, voice over IP, digital television services and data network solutions, alongside emerging Internet of Things (IoT) and machine-to-machine connectivity products.

Tele2 operates primarily across the Nordic and Baltic regions, with key markets in Sweden, Estonia, Latvia and Lithuania.