Telecom Argentina S.A. (TEO) Reached 12-Month Low at $17.77 on Jun, 29

June 29, 2018 - By Alex Paulin

Telecom Argentina S.A. (NYSE:TEO) having $17.77 share price and $16.70 price target reached 1-year low. On Jun, 29 the 1-year low was published by Barchart.com. It has $8.25 billion MC. The company’s valuation will be $495.18M less at $16.70 price target.

TEO reached $17.765 during the last trading session after $1.815 change.Telecom Argentina S.A. has volume of 265,468 shares. Since June 29, 2017 TEO has declined 5.69% and is downtrending. TEO underperformed the S&P 500 by 18.26%.

Telecom Argentina S.A. (NYSE:TEO) Ratings Coverage

A total of 3 analysts rate Telecom Argentina (NYSE:TEO) as follows: 1 “Buy”, 0 “Hold” and 2 “Sell”. Тherefore 33% are bullish. (NYSE:TEO) has 3 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, April 3 Morgan Stanley downgraded Telecom Argentina S.A. (NYSE:TEO) to “Underweight” rating. In Monday, January 8 report Citigroup initiated it with “Buy” rating and $46.0 target. In Thursday, February 22 report HSBC downgraded the stock to “Reduce” rating.

More recent Telecom Argentina S.A. (NYSE:TEO) news were announced by Benzinga.com, Nasdaq.com and Gurufocus.com. The first one has “26 Stocks Moving In Tuesday’s Pre-Market Session” as a title and was announced on June 12, 2018. The next is “Mid-Morning Market Update: Markets Open Lower; Kroger Earnings Beat Expectations” on June 21, 2018. And last was announced on June 27, 2018, called “6 Cheap Stocks With Growing Earnings”.

As of January 1, 2018, Telecom Argentina S.A. was acquired by Cablevisi??n Holding S.A., in a reverse merger transaction.The company has $8.25 billion market cap. Telecom Argentina S.A. provides fixed-line telecommunications and other telephone-related services to residential customers, businesses, and governmental agencies in Argentina and internationally.The P/E ratio is 27.98. The firm operates in three divisions: Fixed Telecommunications Services, Personal Mobile Telecommunications Services, and N??cleo Mobile Telecommunications Services.

Telecom Argentina S.A. (NYSE:TEO) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.