Swisscom (OTCMKTS:SCMWY) Downgraded by ValuEngine

Swisscom (OTCMKTS:SCMWY) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, January 3rd.

Other analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Swisscom from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. Berenberg Bank lowered shares of Swisscom from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Finally, Citigroup lowered shares of Swisscom from a “buy” rating to a “neutral” rating in a research note on Monday, December 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $60.00.

Swisscom (OTCMKTS:SCMWY) opened at $53.27 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.72 and a quick ratio of 0.72. Swisscom has a 1 year low of $43.21 and a 1 year high of $54.09. The stock has a market cap of $27,550.00, a P/E ratio of 16.09 and a beta of 0.53.

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Swisscom Company Profile

Swisscom AG is a holding company. The Company, through its subsidiaries, provides telecommunication services in Switzerland and Italy. The Company’s segments include Swisscom Switzerland, Fastweb, Other Operating Segments and Group Headquarters. Swisscom Switzerland comprises the customer segments, Residential Customers, Enterprise Customers and Wholesale, as well as the information technology (IT), Network and Infrastructure division.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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