Portugal Telecom SGPS (OTCMKTS:PTGCY) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Shares of Portugal Telecom SGPS (PTGCY) traded down $0.03 during mid-day trading on Friday, hitting $0.33. The company had a trading volume of 5,180 shares, compared to its average volume of 40,276. Portugal Telecom SGPS has a fifty-two week low of $0.14 and a fifty-two week high of $0.56.

ILLEGAL ACTIVITY NOTICE: This story was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.americanbankingnews.com/2017/12/02/valuengine-lowers-portugal-telecom-sgps-ptgcy-to-hold.html.

Portugal Telecom SGPS Company Profile

To view ValuEngine’s full report, visit ValuEngine’s official website.

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