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Philippine Long Distance Telphn Co (ADR) (NYSE:PHI) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Boasting a price of $39.35, Philippine Long Distance Telphn Co (ADR) (NYSE:PHI) traded 3.15% lower on the day. The last stock price close is down 13.31% from the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time. The company has recorded a 50-day moving average of $40.19 and 200-day average of $40.43. Trading volume was was down over the average, with 107,092 shares of PHI changing hands under the typical 118,467 shares.

Zacks Investment Research has upgraded Philippine Long Distance Telphn Co (ADR)(NYSE:PHI) to Hold in a statement released 8/20/2016.

Performance Graphic:

Philippine Long Distance Telphn Co (ADR) (NYSE:PHI)

In addition to Zacks Investment Research reporting it’s price target, a total of 1 brokerage has released a report on the company. The one year target stock price is $40.91 with 0 rating the company a strong buy, 0 rating the company a buy, 0 firms rating the stock a hold, one analyst rating the stock to underperform, and lastly 0 analysts rating the company as sell.

Philippine Long Distance Telphn Co (ADR) has a P/E of 23 with a 52 week low of $34.26 and a one-year high of $51.44. Philippine Long Distance Telphn Co (ADR)’s market capitalization is presently $0.0.

About Philippine Long Distance Telphn Co (ADR) (NYSE:PHI)

PLDT, Inc., formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks. The Company’s wireless segment provides cellular, wireless broadband and other services, and digital platforms and mobile financial services. Its Fixed Line segment provides local exchange, international long distance, national long distance, data and other network and miscellaneous services under its fixed line business. It offers postpaid and prepaid fixed line services. Its Other business consists of PLDT Communications and Energy Ventures, Inc. (PCEV), and an investment holding company. It also focuses on providing wireless voice communications and wireless data communications.

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