Cellcom Israel Ltd. (CEL) Given Consensus Recommendation of “Strong Sell” by Analysts

Shares of Cellcom Israel Ltd. (NYSE:CEL) have earned an average broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating.

Zacks has also assigned Cellcom Israel an industry rank of 96 out of 265 based on the ratings given to related companies.

Shares of Cellcom Israel (NYSE CEL) opened at $9.25 on Tuesday. The stock has a market capitalization of $974.62, a PE ratio of 27.21 and a beta of 2.07. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.41 and a current ratio of 1.44. Cellcom Israel has a 1-year low of $8.33 and a 1-year high of $11.19.

Cellcom Israel (NYSE:CEL) last announced its quarterly earnings results on Wednesday, November 22nd. The technology company reported $0.09 earnings per share (EPS) for the quarter. Cellcom Israel had a return on equity of 8.63% and a net margin of 3.08%.

Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in shares of Cellcom Israel by 4.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 78,732 shares of the technology company’s stock valued at $759,000 after buying an additional 3,102 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Cellcom Israel by 8.7% during the 2nd quarter. Vanguard Group Inc. now owns 1,016,527 shares of the technology company’s stock valued at $9,800,000 after buying an additional 81,105 shares during the last quarter. Finally, Sphera Funds Management LTD. acquired a new stake in shares of Cellcom Israel during the 3rd quarter valued at about $14,301,000. Institutional investors and hedge funds own 6.94% of the company’s stock.

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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.

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