Zacks: Telekom Austria AG (TKAGY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Telekom Austria AG (NASDAQ:TKAGY) have been assigned an average broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.

Zacks has also assigned Telekom Austria AG an industry rank of 190 out of 265 based on the ratings given to related companies.

Several equities research analysts have weighed in on TKAGY shares. ValuEngine downgraded shares of Telekom Austria AG from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded shares of Telekom Austria AG from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 25th.

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About Telekom Austria AG

Telekom Austria AG is a telecommunications provider. The Company and its subsidiaries are engaged as full service telecommunications providers of long distance, local and wireless services, and corporate data communications services, as well as Internet services and television broadcasting. It also supplies telephones and technical equipment for telephone communications.

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