Telecom Argentina SA – Consensus Indicates Potential 4.6% Upside

Broker Ratings
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Telecom Argentina SA found using ticker (TEO) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Underperform’. The range between the high target price and low target price is between 11.5 and 5.6 with a mean TP of 7.77. Given that the stocks previous close was at 7.43 this is indicating there is a potential upside of 4.6%. The 50 day MA is 6.98 and the 200 moving average now moves to 7.98. The company has a market capitalisation of $3,131m. Company Website: http://institucional.telecom.com.ar

The potential market cap would be $3,275m based on the market concensus.

Telecom Argentina S.A., together with its subsidiaries, provides telecommunications services in Argentina and internationally. The company offers telephone services, including local, domestic, and international long-distance telephone services, as well as public telephone services; interconnection services, such as traffic and interconnection resource, dedicated Internet access, video signals transportation in standard and high definitions, audio and video streaming, dedicated links, backhaul links for mobile operators, Internet protocol virtual private network, and data center hosting/housing services; and call waiting, call forwarding, conference calls, caller ID, voice mail, itemized billing, and maintenance services. It also provides mobile telecommunications services, including voice communications, high-speed mobile Internet content and applications download, online streaming, and other services; and sells mobile communication devices, such as handsets, Modems mifi and wingles, and smart watches under the Personal brand. In addition, the company offers data transmission and Internet services comprising broadband, Internet dedicated lines, private networks, national and international video streaming, transportation of radio and TV signals, and video conferencing services; and programming and other cable television services. The company was formerly known as Cablevisión S.A. and changed its name to Telecom Argentina S.A. in January 2018. Telecom Argentina S.A. was founded in 1979 and is based in Buenos Aires, Argentina.

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