Here’s how analysts see Telecom Argentina SA (ADR) (NYSE:TEO) after this past week.

July 18, 2017 - By Migdalia James

 Here's how analysts see Telecom Argentina SA (ADR) (NYSE:TEO) after this past week.

Telecom Argentina SA (ADR) (NYSE:TEO) Ratings Coverage

Among 8 analysts covering Telecom Argentina (NYSE:TEO), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Telecom Argentina has $30 highest and $14 lowest target. $22.10’s average target is -21.41% below currents $28.12 stock price. Telecom Argentina had 11 analyst reports since July 28, 2015 according to SRatingsIntel. HSBC upgraded Telecom Argentina SA (ADR) (NYSE:TEO) rating on Thursday, May 12. HSBC has “Buy” rating and $19 target. The stock of Telecom Argentina SA (ADR) (NYSE:TEO) earned “Sell” rating by Goldman Sachs on Monday, September 28. The stock has “Buy” rating by Santander on Thursday, October 8. Goldman Sachs upgraded the stock to “Neutral” rating in Monday, November 23 report. The stock of Telecom Argentina SA (ADR) (NYSE:TEO) has “Outperform” rating given on Tuesday, July 28 by Raymond James. The rating was upgraded by Morgan Stanley on Tuesday, September 6 to “Overweight”. The firm has “Buy” rating by Bank of America given on Monday, July 3. On Thursday, May 12 the stock rating was upgraded by JP Morgan to “Neutral”. The firm has “Hold” rating by Zacks given on Tuesday, September 22. Below is a list of Telecom Argentina SA (ADR) (NYSE:TEO) latest ratings and price target changes.

03/07/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Old Target: $26.00 New Target: $30.00 Upgrade

The stock decreased 1.30% or $0.37 on July 17, reaching $28.12. About shares traded. Telecom Argentina SA (ADR) (NYSE:TEO) has risen 35.98% since July 18, 2016 and is uptrending. It has outperformed by 19.28% the S&P500.

Telecom Argentina S.A. provides fixed-line telecommunications services in Argentina, and also provides other telephone-related services, such as international long-distance service, data transmission, information technology solutions outsourcing and Internet services. The company has market cap of $2.67 billion. The Company’s divisions include Fixed Telecommunications Services , Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services). It has a 18.41 P/E ratio. The Company, through its subsidiaries, also provides mobile telecommunications services and international wholesale services.

More notable recent Telecom Argentina SA (ADR) (NYSE:TEO) news were published by: Benzinga.com which released: “Telecom Argentina Upgraded At Morgan Stanley, Stock Up Over 2.5%” on September 06, 2016, also Quotes.Wsj.com with their article: “Telecom Argentina SA ADR” published on February 11, 2011, Seekingalpha.com published: “Telecom Argentina’s (TEO) Management on Q4 2016 Results – Earnings Call Transcript” on March 10, 2017. More interesting news about Telecom Argentina SA (ADR) (NYSE:TEO) were released by: Benzinga.com and their article: “JPMorgan Upgrades Telecom Argentina, Sees 6% Upside Due To ‘Unfrozen Wireline …” published on May 12, 2016 as well as Prnewswire.com‘s news article titled: “Telecom Argentina SA announces the first payment of dividends for the fiscal …” with publication date: May 02, 2016.

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