Swisscom (OTCMKTS:SCMWY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “Swisscom is Switzerland’s leading telecommunications company. The innovative, customer-focused and strongly-competitive group offers a full range of voice and data communication services on fixed-line and mobile networks. Swisscom offers the complete spectrum of state-of-the-art data services, from leased lines to integrated solutions for corporate customers. “
SCMWY has been the topic of a number of other research reports. ValuEngine downgraded Swisscom from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Berenberg Bank downgraded Swisscom from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Finally, Citigroup downgraded 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 given a hold rating and two have assigned a buy rating to the company’s stock. Swisscom has an average rating of “Hold” and a consensus price target of $60.00.
TRADEMARK VIOLATION WARNING: “Swisscom (SCMWY) Rating Lowered to Hold at Zacks Investment Research” was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.com-unik.info/2018/01/11/swisscom-scmwy-rating-lowered-to-hold-at-zacks-investment-research.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
What are top analysts saying about Swisscom? - 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 Swisscom and related companies.