Telecom Argentina S.A. (TEO) Hit 1-Year Low at $17.77

June 29, 2018 - By Kevin Carney

Telecom Argentina S.A. (NYSE:TEO) having $17.77 share price and $16.70 price target reached 1-year low. On Jun, 29 the 1-year low was published by Barchart.com. It has $8.25 billion MC. The company’s valuation will be $495.18M less at $16.70 price target.

The stock decreased 9.27% or $1.815 during the last trading session, hitting $17.765.Telecom Argentina S.A. has volume of 265,468 shares. Since June 29, 2017 TEO has declined 5.69% and is downtrending. TEO underperformed the S&P500 by 18.26%.

Telecom Argentina S.A. (NYSE:TEO) Ratings Coverage

In total 3 analysts cover Telecom Argentina (NYSE:TEO). “Buy” rating has 1, “Sell” are 2, while 0 are “Hold”. 33% are bullish. 3 are the (NYSE:TEO)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. In Tuesday, April 3 report Morgan Stanley downgraded the stock to “Underweight” rating. On Thursday, February 22 the firm earned “Reduce” rating by HSBC. The company rating was initiated by Citigroup on Monday, January 8.

More recent Telecom Argentina S.A. (NYSE:TEO) news were announced by Nasdaq.com, Gurufocus.com and Benzinga.com. The first one has “Mid-Morning Market Update: Markets Open Lower; Kroger Earnings Beat Expectations” as a title and was announced on June 21, 2018. The next is “6 Cheap Stocks With Growing Earnings” on June 27, 2018. And last was announced on June 12, 2018, called “26 Stocks Moving In Tuesday’s Pre-Market Session”.

As of January 1, 2018, Telecom Argentina S.A. was acquired by Cablevisi??n Holding S.A., in a reverse merger transaction.The company has $8.25 billion market cap. Telecom Argentina S.A. provides fixed-line telecommunications and other telephone-related services to residential customers, businesses, and governmental agencies in Argentina and internationally.The P/E ratio is 27.98. The firm operates in three divisions: Fixed Telecommunications Services, Personal Mobile Telecommunications Services, and N??cleo Mobile Telecommunications Services.

Telecom Argentina S.A. (NYSE:TEO) Analyst Ratings Chart

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