Cellcom Israel (CEL) Releases Quarterly Earnings, Beats Expectations By $0.04 EPS
Cellcom Israel (NYSE:CEL) announced its earnings results on Monday. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04, AR Network reports.
On the ratings front, analysts at Zacks upgraded shares of Cellcom Israel from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 6th. They now have a $13.40 price target on the stock.
Cellcom Israel (NYSE:CEL) traded up 0.33% during mid-day trading on Monday, hitting $12.10. 16,730 shares of the company’s stock traded hands. Cellcom Israel has a 52 week low of $10.10 and a 52 week high of $14.07. The stock’s 50-day moving average is $12.13 and its 200-day moving average is $12.77. The company has a market cap of $1.199 billion and a P/E ratio of 12.58.
Cellcom Israel Ltd. (NYSE:CEL) is a provider of cellular communications services in Israel.
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