SK Telecom (NYSE:SKM) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a report released on Tuesday.
A number of other equities research analysts have also recently issued reports on SKM. Zacks Investment Research upgraded shares of SK Telecom from a “hold” rating to a “strong-buy” rating and set a $30.00 price target for the company in a report on Friday. CLSA cut shares of SK Telecom from an “outperform” rating to an “underperform” rating in a report on Wednesday, January 24th. Morgan Stanley restated an “equal weight” rating on shares of SK Telecom in a report on Thursday, January 11th. Finally, Citigroup upgraded shares of SK Telecom from a “neutral” rating to a “buy” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. SK Telecom has a consensus rating of “Buy” and an average price target of $30.00.
SK Telecom (NYSE:SKM) traded down $0.05 during mid-day trading on Tuesday, reaching $24.50. 391,270 shares of the company’s stock were exchanged, compared to its average volume of 517,656. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.90. SK Telecom has a one year low of $21.78 and a one year high of $28.97. The company has a market capitalization of $15,456.45, a PE ratio of 7.12 and a beta of 0.34.
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SK Telecom Company Profile
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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