Cellcom Israel Ltd. Reaches New 12-Month High at $11.99 (CEL)
Cellcom Israel (NYSE:CEL)’s share price reached a new 52-week high on Tuesday, AnalystRatingsNetwork reports. The company traded as high as $11.99 and last traded at $11.78, with a volume of 82,341 shares traded. The stock had previously closed at $11.68.
CEL has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Cellcom Israel from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, September 17th. They now have a $12.00 price target on the stock. Separately, analysts at UBS AG downgraded shares of Cellcom Israel from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, August 7th.
Cellcom Israel has a 52-week low of $7.05 and a 52-week high of $11.88. The stock has a 50-day moving average of $11.03 and a 200-day moving average of $9.89. The company has a market cap of $1.162 billion and a price-to-earnings ratio of 12.13.
Cellcom Israel (NYSE:CEL) last announced its earnings results on Monday, August 19th. The company reported $0.19 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.08. The company had revenue of $341.60 million for the quarter, compared to the consensus estimate of $414.00 million. On average, analysts predict that Cellcom Israel will post $3.31 earnings per share for the current fiscal year.
Cellcom Israel Ltd. (NYSE:CEL) is a provider of cellular communications services in Israel.
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