Swisscom AG (SCMWY) Earns Underperform Rating from Analysts at RBC Capital Markets

RBC Capital Markets started coverage on shares of Swisscom AG (OTCMKTS:SCMWY) in a research report sent to investors on Friday morning, The Fly reports. The brokerage issued an underperform rating on the stock.

Separately, Zacks Investment Research raised Swisscom AG from a sell rating to a hold rating in a report on Wednesday, July 20th.

Shares of Swisscom AG (OTCMKTS:SCMWY) opened at 48.26 on Friday. Swisscom AG has a 52-week low of $45.49 and a 52-week high of $55.67. The firm has a market cap of $24.98 billion, a P/E ratio of 17.92 and a beta of 0.53. The firm’s 50-day moving average is $48.73 and its 200-day moving average is $49.65.

Swisscom AG Company Profile

Swisscom AG provides telecommunication services in Switzerland and Italy. The Company’s segments include Swisscom Switzerland, Fastweb, Other Operating Segments, Group Headquarters, which comprises the Company’s divisions, such as Group Business Steering, Group Strategy & Board Services, Group Communications & Responsibility, and Group Human Resources, as well as employment company Worklink AG.

The Fly

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