Telekom Austria AG (TKAGY) Upgraded to Strong-Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Telekom Austria AG (NASDAQ:TKAGY) from a hold rating to a strong-buy rating in a report released on Thursday. They currently have $22.00 price objective on the utilities provider’s stock.

According to Zacks, “Telekom Austria is the principal provider of fixed, mobile, data and Internet services in Austria. The company’s fastest growing business segment is Internet, where Telekom Austria is one of the leaders with a significant market share. The company also owns Czech On-Line. (Company Press Release) “

Separately, ValuEngine lowered Telekom Austria AG from a strong-buy rating to a buy rating in a research report on Friday, September 1st.

Shares of Telekom Austria AG (NASDAQ TKAGY) remained flat at $$18.89 during mid-day trading on Thursday. The company’s stock had a trading volume of 1,318 shares, compared to its average volume of 2,439. Telekom Austria AG has a 1 year low of $10.98 and a 1 year high of $19.58.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at

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.

What are top analysts saying about Telekom Austria AG? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Telekom Austria AG and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit