Magyar Telekom Tavkozlesi Nyrt Rating Lowered to Underweight at HSBC (MYTAY)
Magyar Telekom Tavkozlesi Nyrt (NASDAQ:MYTAY) was downgraded by investment analysts at HSBC from a “neutral” rating to an “underweight” rating in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports.
Shares of Magyar Telekom Tavkozlesi Nyrt (NASDAQ:MYTAY) opened at 6.80 on Wednesday. Magyar Telekom Tavkozlesi Nyrt has a 1-year low of $6.59 and a 1-year high of $9.98. The stock has a 50-day moving average of $6.98 and a 200-day moving average of $7.67. The company has a market cap of $1.418 billion and a P/E ratio of 11.33.
Separately, analysts at Citigroup Inc. downgraded shares of Magyar Telekom Tavkozlesi Nyrt from a “buy” rating to a “neutral” rating in a research note to investors on Friday, September 13th.
Magyar Telekom provides telecommunications services in Hungary. The Company provides voice services and data communication services.
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