Shares of Telekom Austria AG (NASDAQ:TKAGY) have been given an average broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.

Zacks has also given Telekom Austria AG an industry rank of 174 out of 265 based on the ratings given to its competitors.

A number of research analysts have recently issued reports on TKAGY shares. ValuEngine downgraded Telekom Austria AG from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Telekom Austria AG from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a report on Thursday, September 14th.

ILLEGAL ACTIVITY WARNING: “Zacks: Telekom Austria AG (TKAGY) Receives Average Rating of “Hold” from Brokerages” was originally reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright laws. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/10/29/zacks-telekom-austria-ag-tkagy-receives-average-rating-of-hold-from-brokerages.html.

Telekom Austria AG (TKAGY) remained flat at $19.33 during midday trading on Friday. Telekom Austria AG has a 1-year low of $10.98 and a 1-year high of $19.58. The company’s 50 day moving average price is $18.73 and its 200-day moving average price is $16.85. The company has a market capitalization of $6.42 billion and a price-to-earnings ratio of 12.33.

Telekom Austria AG Company Profile

Telekom Austria AG is a telecommunications provider. The Company and its subsidiaries are engaged as full service telecommunications providers of long distance, local and wireless services, and corporate data communications services, as well as Internet services and television broadcasting. It also supplies telephones and technical equipment for telephone communications.

Get a free copy of the Zacks research report on Telekom Austria AG (TKAGY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Telekom Austria AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telekom Austria AG and related companies with MarketBeat.com's FREE daily email newsletter.