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Zacks Investment Research announced Telenor ASA (ADR) (NASDAQ:TELNY), bumping up its stock price target to $18.00 today

In a report released on 06/21/2017 Zacks Investment Research increased the stock price target of Telenor ASA (ADR) (NASDAQ:TELNY) to $18.00 reporting a possible upside of 0.10%.

Just yesterday Telenor ASA (ADR) (NASDAQ:TELNY) traded 0.48% higher at $16.30. Telenor ASA (ADR)’s 50-day moving average is $20.10 and its 200-day moving average is $17.47. The last closing price is down 18.82% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 23,452 shares of TELNY traded hands, down from an average trading volume of 61,570

Recent Performance Chart

Telenor ASA (ADR) (NASDAQ:TELNY)

Telenor ASA (ADR) has 52 week low of $14.34 and a 52 week high of $20.92 with a PE ratio of 164.76 and has a market capitalization of $0.

Brief Synopsis On Telenor ASA (ADR) (NASDAQ:TELNY)

Telenor ASA is a telecommunication company. The Company's segments include Norway, Sweden, Denmark, Hungary, Bulgaria, Montenegro & Serbia, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, India, Myanmar, Broadcast and Other units. The Company's main products and services are mobile communication, fixed line communication and broadcasting activities. The Company's mobile communication business mainly includes voice, data, Internet, content services, customer equipment and messaging. Its fixed services comprise telephony, Internet and television, leased lines, as well as data services and managed services. Its broadcast activities comprise Canal Digital DTH in the Nordics, satellite broadcasting and terrestrial radio and television transmission in Norway and Belgium. Its Other units consist of International wholesale, Telenor Digital, corporate functions and others.

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