B Communications Upgraded to “Hold” at TheStreet (BCOM)
B Communications (NASDAQ:BCOM) was upgraded by equities research analysts at TheStreet from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, American Banking & Market News reports.
The analysts wrote, “B Communications (BCOM) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk.”
Shares of B Communications (NASDAQ:BCOM) remained flat at $17.50 during trading on Wednesday. B Communications has a 52 week low of $6.24 and a 52 week high of $23.46. The stock has a 50-day moving average of $15.59 and a 200-day moving average of $16.98. The company has a market cap of $523.2 million and a P/E ratio of 17.61.
B Communications Ltd. is focused on the telecommunications industry. The Company has ownership interest in Bezeq The Israel Telecommunications Corp.
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