Swisscom AG (OTCMKTS:SCMWY) Receives Average Rating of “Hold” from Brokerages

Swisscom AG (OTCMKTS:SCMWY – Get Rating) has earned an average rating of “Hold” from the eight analysts that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $569.00.

SCMWY has been the topic of several analyst reports. Societe Generale upgraded shares of Swisscom from a “hold” rating to a “buy” rating in a report on Wednesday, January 11th. Deutsche Bank Aktiengesellschaft lowered shares of Swisscom from a “hold” rating to a “sell” rating in a report on Monday, December 5th. JPMorgan Chase & Co. increased their price objective on shares of Swisscom from CHF 674 to CHF 702 and gave the company a “neutral” rating in a report on Thursday, January 5th. Barclays increased their price objective on shares of Swisscom from CHF 475 to CHF 500 and gave the company an “underweight” rating in a report on Thursday, January 5th. Finally, Credit Suisse Group upgraded shares of Swisscom from an “underperform” rating to a “neutral” rating in a report on Monday, November 7th.

Swisscom Price Performance

Shares of SCMWY stock opened at $58.60 on Friday. Swisscom has a 1 year low of $43.69 and a 1 year high of $61.42. The firm’s 50 day moving average is $54.99 and its 200-day moving average is $52.23. The firm has a market capitalization of $303.56 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 7.71 and a beta of 0.23. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.52.

Swisscom (OTCMKTS:SCMWY – Get Rating) last announced its earnings results on Thursday, October 27th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter. Swisscom had a net margin of 12.94% and a return on equity of 13.24%. The company had revenue of $2.83 billion for the quarter. Sell-side analysts forecast that Swisscom will post 3.05 EPS for the current fiscal year.

About Swisscom

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Swisscom AG engages in the provision of telecommunication services. It operates through the following segments: Swisscom Switzerland, Fastweb, Other Operating Segments and Group Headquarters. The Swisscom Switzerland segment comprises residential customers, enterprise customers, wholesale and information technology, network and infrastructure.