Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO – Get Free Report) has been assigned an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $15.93.
Several analysts have commented on TEO shares. Morgan Stanley raised shares of Telecom Argentina Stet – France Telecom from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $13.00 to $17.00 in a research note on Wednesday, June 24th. Zacks Research lowered Telecom Argentina Stet – France Telecom from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wall Street Zen lowered Telecom Argentina Stet – France Telecom from a “buy” rating to a “hold” rating in a research note on Sunday, September 20th. Weiss Ratings raised shares of Telecom Argentina Stet – France Telecom from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Telecom Argentina Stet – France Telecom from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, September 4th.
View Our Latest Stock Report on Telecom Argentina Stet – France Telecom
Insider Buying and Selling at Telecom Argentina Stet – France Telecom
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TEO. SPX Gestao de Recursos Ltda acquired a new stake in Telecom Argentina Stet – France Telecom during the first quarter worth about $8,565,000. Sagil Capital LLP acquired a new position in shares of Telecom Argentina Stet – France Telecom in the 4th quarter valued at about $7,629,000. RWC Asset Management LLP lifted its stake in shares of Telecom Argentina Stet – France Telecom by 50.7% in the 4th quarter. RWC Asset Management LLP now owns 1,009,244 shares of the utilities provider’s stock valued at $11,717,000 after purchasing an additional 339,416 shares in the last quarter. ABS Direct Equity Fund LLC purchased a new stake in shares of Telecom Argentina Stet – France Telecom during the 2nd quarter worth about $3,033,000. Finally, Absolute Gestao de Investimentos Ltda. increased its position in Telecom Argentina Stet – France Telecom by 156.7% during the 2nd quarter. Absolute Gestao de Investimentos Ltda. now owns 222,922 shares of the utilities provider’s stock worth $2,898,000 after purchasing an additional 136,091 shares in the last quarter.
Telecom Argentina Stet – France Telecom Stock Up 0.8%
TEO opened at $11.74 on Friday. The firm has a market cap of $5.06 billion, a P/E ratio of 9.55 and a beta of 1.35. The business’s fifty day simple moving average is $13.36 and its 200 day simple moving average is $12.87. Telecom Argentina Stet – France Telecom has a 52 week low of $6.93 and a 52 week high of $16.34. The company has a quick ratio of 0.55, a current ratio of 0.58 and a debt-to-equity ratio of 0.50.
Telecom Argentina Stet – France Telecom Company Profile
Telecom Argentina SA, formerly known as Telecom Argentina Stet-France Telecom SA, is an Argentine telecommunications company that provides connectivity and communications services to consumers, businesses and government organizations. Its operations include fixed-line and mobile voice services, broadband internet, data transmission, digital communications and information technology solutions.
The company markets consumer services under brands including Personal, which provides mobile and broadband services, and Flow, its entertainment and pay-TV platform.
Featured Stories
- Five stocks we like better than Telecom Argentina Stet – France Telecom
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for Telecom Argentina Stet - France Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telecom Argentina Stet - France Telecom and related companies with MarketBeat.com's FREE daily email newsletter.
