Tele2 AB Stock Price Increases Amid Analyst Recommendations and Sustainability Recognition
Tele2 AB, a Swedish telecommunication operator, has seen its stock price increase in recent days. The company’s stock price movement is attributed to analyst recommendations and sustainability recognition.
Analyst Recommendations
- Analysts from Bernstein have raised their target price for Tele2 to 150 kronor, reiterating an “outperform” recommendation.
- Berenberg has resumed coverage of Tele2 with a “hold” recommendation and set a target price of 125 kronor.
Sustainability Recognition
- Tele2 has been recognized as Sweden’s most sustainable company for the second year in a row, ranking 23rd globally.
Upcoming Financial Release
- Tele2 is expected to release its second-quarter 2025 results, which may provide further insight into the company’s performance.
Stock Price Trend
- The stock price of Tele2 has shown a positive trend, with analysts’ recommendations and sustainability recognition contributing to the company’s growth.