Tele2 (OTCMKTS:TLTZY) Stock Rating Lowered by Zacks Research

Posted by ABMN Staff on Jul 11th, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

TLTZY has been the subject of a number of other research reports. Citigroup downgraded shares of Tele2 from a “buy” rating to a “neutral” rating in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Tele2 in a report on Tuesday, April 21st. Finally, Kepler Capital Markets raised Tele2 from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on TLTZY

Tele2 Stock Performance

Tele2 stock opened at $8.67 on Thursday. The company has a market cap of $11.88 billion, a PE ratio of 11.12 and a beta of 0.40. The company has a fifty day moving average price of $9.37 and a two-hundred day moving average price of $9.65. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.03 and a quick ratio of 0.97. Tele2 has a 12 month low of $6.88 and a 12 month high of $11.61.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.40. Tele2 had a net margin of 34.19% and a return on equity of 44.93%. The company had revenue of $764.89 million for the quarter, compared to analysts’ expectations of $775.46 million. Research analysts expect that Tele2 will post 0.83 earnings per share for the current year.

Tele2 Company Profile

(Get Free Report)

Tele2 AB is a European telecommunications company headquartered in Kista, Sweden. Since its founding in 1993, the firm has developed into a full-service provider of voice, data and multimedia solutions for both consumer and business markets. Its core offerings include mobile telephony, fixed and mobile broadband, voice over IP, digital television services and data network solutions, alongside emerging Internet of Things (IoT) and machine-to-machine connectivity products.

Tele2 operates primarily across the Nordic and Baltic regions, with key markets in Sweden, Estonia, Latvia and Lithuania.