Swisscom AG Lowered to Neutral at Goldman Sachs Group Inc. (SCMWY)
Swisscom AG (NASDAQ:SCMWY) was downgraded by analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports.
Swisscom AG (NASDAQ:SCMWY) opened at 48.35 on Wednesday. Swisscom AG has a one year low of $39.02 and a one year high of $48.60. The stock has a 50-day moving average of $47. and a 200-day moving average of $45.30. The company has a market cap of $25.046 billion and a price-to-earnings ratio of 14.00.
Swisscom AG is a Switzerland-based holding company which offers telecommunication services primarily in Switzerland and Italy.
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