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TELIA - Telia AB News Story

SEK36.15 0.5  1.3%

Last Trade - 06/05/21

Sector
Telecoms
Size
Large Cap
Market Cap £12.38bn
Enterprise Value £20.74bn
Revenue £7.51bn
Position in Universe 55th / 1831

BUZZ-Telenor: Barclays cuts to "equal-weight" on Asia outlook

Mon 23rd September, 2019 7:21am
** Barclays downgrades Norwegian telecom company Telenor
 TEL.OL  to "equal-weight" from "overweight" and reduces its
price target to NOK 185 from NOK 195
    ** The brokerage says Telenor is one of the few EU telcos to
offer structural revenue growth due to its Asia exposure
    ** However, the near term outlook will be clouded by
Asia/political concerns, and a potentially weak Q3 result
    ** For Nordic exposure Barclays prefers Sweden's Telia
 TELIA.ST  ("overweight"), which gives a "cleaner near term
outlook"

 ((joanna.wodzicka@tr.com))
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