Telia Co AB Sees Shift in Analyst Recommendations

Telia Co AB, a communication service provider based in Stockholm, Sweden, has experienced a change in analyst recommendations and price targets.

Several firms have updated their views on the company, including Kepler Cheuvreux and New Street Research. These firms have upgraded their recommendations to “buy” from “hold” or “neutral”, citing the potential for multiple upvaluations.

• Kepler Cheuvreux has raised its price target to 40 kronor from 38 kronor.
• Inderes has raised its price target to 35 kronor, while maintaining a “reduce” recommendation.
• Pareto Securities has also raised its price target to 35 kronor, while maintaining a “hold” recommendation.

The company’s stock price has been affected by the mixed analyst views, with the OMXS30 index experiencing a slight decline.