Telecom Argentina SA with ticker code (TEO) have now 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Underperform’. The range between the high target price and low target price is between 5.15 and 4 calculating the average target price we see $4.38. Given that the stocks previous close was at $4.64 this would imply there is a potential downside of -5.6%. It’s also worth noting that there is a 50 day moving average of $5.48 while the 200 day moving average is $4.71. The market cap for the company is $2,596m. Company Website: https://institucional.telecom.com.ar
The potential market cap would be $2,451m based on the market consensus.
Telecom Argentina S.A., together with its subsidiaries, provides telecommunications services. The company offers 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. It also internet connectivity products, including virtual private network services, traditional Internet protocol links, and other products; and programming and other cable television services. In addition, the company offers telephone services, including local, domestic, and international long-distance telephone services, as well as public telephone services; and other related supplementary services, such as call waiting, call forwarding, conference calls, caller ID, voice mail, itemized billing, and maintenance services. Further, it provides Infrastructure, interconnection, datacenter, Internet, value added, and international long-distance services; and data services, including data transmission, virtual private networks, symmetric Internet access, national and international signal transport, and videoconferencing services; Personal Pay, a digital wallet service; and management and administration 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.
The company has a dividend yield of 6.77% with the ex dividend date set at 24-6-2022 (DMY).
