Analysts Offer Insights on Communication Services Companies: Telia Company AB (OtherTLSNF) and Prosus (OtherPROSF)
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Telia Company AB (TLSNF)
Barclays analyst Maurice Patrick maintained a Sell rating on Telia Company AB today and set a price target of SEK33.00. The company's shares closed last Wednesday at $3.50, equals to its 52-week high of $3.50.
According to TipRanks.com, Patrick is ranked #2977 out of 9889 analysts.
Currently, the analyst consensus on Telia Company AB is a Hold with an average price target of $3.55.
Prosus (PROSF)
In a report released today, Marcus Diebel from J.P. Morgan maintained a Buy rating on Prosus, with a price target of EUR63.50. The company's shares closed last Thursday at $56.48.
Diebel has an average return of 2.8% when recommending Prosus.
According to TipRanks.com, Diebel is ranked #8643 out of 9889 analysts.
Prosus has an analyst consensus of Moderate Buy, with a price target consensus of $65.03, implying a 15.1% upside from current levels. In a report issued on July 8, TR | OpenAI – 4o also upgraded the stock to Buy with a EUR55.00 price target.
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The company supports its drilling operations from rig construction through repair and maintenance, and offers a resilient, efficient supply chain during operations. While oil drilling is an old occupation – the first true oil well was drilled in 1859 – Precision brings modern technology to bear on it. The company can provide apps to optimize drilling processes, and data analytics to provide the right insights at the right times – and all of this is supported by automation technologies which provide digital control for well operations. Like the other stocks on this list, Precision has seen its share price fall this year – the stock is down 16% year-to-date. Most of that price drop came during the first quarter, and the shares have been ticking upwards since bottoming out in early April. In its 1Q25 report, Precision showed a top line of C$496 million, down 6% year-over-year. In US dollar terms, this came to $357.4 million, and missed the forecast by $3.8 million. The company's earnings came to C$2.20, equivalent to US$1.58. The US earnings figure was 7 cents less than had been expected. Checking in one last time with the Piper Sandler view, we find Podhaizer writing of Precision's leading role in the Canadian oil patch. He says of the stock, 'PDS is the most active driller in Canada with 34% market share. Importantly, with improving fundamentals, including LNG Canada and TMX expansion, its Super Triple and Single rigs are near full utilization, which is expected to support further daily margin improvement. Its Super Triple fleet utilization in the Montney/LNG play currently sits at 90-95%. Despite a deflationary US Land market and soft outlook, PDS has greater relative exposure to the Haynesville, which is an expected area of growth with the buildout of LNG takeaway capacity… we expect PDS to experience greater torque compared to its peers with each additional rig that returns to work.' These comments back up the analyst's Overweight (i.e., Buy) rating, while his $72 price target suggests that the stock will see a gain of 41% heading into next year. There are 8 recent analyst reviews on record for this stock, and their breakdown of 6 Buys to 2 Holds gives the stock its Strong Buy consensus rating. The shares are currently priced at $51.15, and their $68.26 average price target points toward a one-year upside potential of 33.5%. (See PDS stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue Inicia sesión para acceder a tu cartera de valores
