SK Telecom (SKM) – Analysts’ Weekly Ratings Updates

SK Telecom (NYSE: SKM) has recently received a number of price target changes and ratings updates:

  • 2/9/2018 – SK Telecom was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $30.00 price target on the stock. According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “
  • 1/24/2018 – SK Telecom was downgraded by analysts at CLSA from an “outperform” rating to an “underperform” rating.
  • 1/24/2018 – SK Telecom was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “
  • 1/23/2018 – SK Telecom was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $32.00 price target on the stock. According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “
  • 1/12/2018 – SK Telecom was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $31.00 price target on the stock. According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “
  • 1/11/2018 – SK Telecom was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “
  • 1/11/2018 – SK Telecom had its “equal weight” rating reaffirmed by analysts at Morgan Stanley.
  • 1/5/2018 – SK Telecom was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. They now have a $31.00 price target on the stock. According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “

Shares of SK Telecom Co Ltd (NYSE SKM) traded up $0.24 during mid-day trading on Monday, reaching $24.56. 129,821 shares of the company’s stock were exchanged, compared to its average volume of 514,629. SK Telecom Co Ltd has a twelve month low of $21.78 and a twelve month high of $28.97. The stock has a market capitalization of $15,456.45, a PE ratio of 7.14 and a beta of 0.34. The company has a current ratio of 0.94, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33.

SK Telecom Co, Ltd. provides wireless telecommunications in Korea. The Company is engaged in the commercial development and implementation of wireless and fixed-line technologies and services, as well as develop its platforms, including Internet of things (IoT) solutions, lifestyle enhancement and advanced media.

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