Citigroup upgraded shares of SK Telecom (NYSE:SKM) from a neutral rating to a buy rating in a research note published on Friday, Marketbeat.com reports.
A number of other analysts have also recently weighed in on SKM. BidaskClub cut shares of SK Telecom from a buy rating to a hold rating in a research note on Saturday, August 12th. Zacks Investment Research cut shares of SK Telecom from a strong-buy rating to a hold rating in a research note on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of $29.00.
Shares of SK Telecom (NYSE SKM) traded down $0.06 during trading hours on Friday, reaching $27.38. 556,500 shares of the company were exchanged, compared to its average volume of 555,637. The company has a market capitalization of $17,401.22, a PE ratio of 9.78, a price-to-earnings-growth ratio of 1.12 and a beta of 0.42. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.95 and a quick ratio of 0.91. SK Telecom has a fifty-two week low of $20.44 and a fifty-two week high of $28.13.
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SK Telecom Company Profile
SK Telecom Co, Ltd. provides wireless telecommunications in Korea. The Company is engaged in the commercial development and implementation of wireless and fixed-line technologies and services, as well as develop its platforms, including Internet of things (IoT) solutions, lifestyle enhancement and advanced media.
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