Cellcom Israel Downgraded by Zacks to “Neutral” (CEL)
Cellcom Israel (NYSE:CEL) was downgraded by Zacks to a “neutral” rating in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. They currently have a $14.50 target price on the stock. Zacks‘s price objective indicates a potential upside of 4.84% from the company’s current price.
Cellcom Israel (NYSE:CEL) traded down 0.86% on Friday, hitting $13.83. 21,835 shares of the company’s stock traded hands. Cellcom Israel has a 1-year low of $8.40 and a 1-year high of $14.07. The stock’s 50-day moving average is $13.27 and its 200-day moving average is $12.84. The company has a market cap of $1.377 billion and a price-to-earnings ratio of 18.70.
Cellcom Israel (NYSE:CEL) last released its earnings data on Thursday, March 6th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $348.00 million for the quarter, compared to the consensus estimate of $405.00 million. Analysts expect that Cellcom Israel will post $3.02 EPS for the current fiscal year.
Cellcom Israel Ltd. (NYSE:CEL) is a provider of cellular communications services in Israel.
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