Cellcom Israel, Ltd. (CEL) Receives Consensus Recommendation of “Strong Sell” from Analysts

Cellcom Israel, Ltd. (NYSE:CEL) has been given a consensus broker rating score of 5.00 (Strong Sell) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.

Zacks has also assigned Cellcom Israel an industry rank of 104 out of 265 based on the ratings given to related companies.

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Cellcom Israel by 8.7% in the second quarter. Vanguard Group Inc. now owns 1,016,527 shares of the technology company’s stock valued at $9,800,000 after acquiring an additional 81,105 shares during the last quarter. Sphera Funds Management LTD. bought a new stake in Cellcom Israel in the third quarter valued at approximately $14,301,000. Dimensional Fund Advisors LP boosted its holdings in Cellcom Israel by 4.1% in the second quarter. Dimensional Fund Advisors LP now owns 78,732 shares of the technology company’s stock valued at $759,000 after acquiring an additional 3,102 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. boosted its holdings in Cellcom Israel by 9.1% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 37,050 shares of the technology company’s stock valued at $356,000 after acquiring an additional 3,100 shares during the last quarter. Institutional investors and hedge funds own 6.97% of the company’s stock.

Shares of Cellcom Israel (CEL) traded up $0.09 during mid-day trading on Friday, reaching $10.38. The company had a trading volume of 12,857 shares, compared to its average volume of 17,852. Cellcom Israel has a 1-year low of $8.33 and a 1-year high of $11.19. The company has a market capitalization of $1,043.88, a PE ratio of 32.43 and a beta of 2.07. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.44 and a quick ratio of 1.41.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/01/14/cellcom-israel-ltd-cel-receives-consensus-recommendation-of-strong-sell-from-analysts.html.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is engaged in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and Fixed-line. The cellular segment includes the cellular communications services, end user cellular equipment and supplemental services.

Get a free copy of the Zacks research report on Cellcom Israel (CEL)

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

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

Leave a Reply