Baptista Research has initiated coverage of Telenor, assigning the stock a "Hold" recommendation along with a price target of 176.50 Norwegian kroner, according to BN.
Telenor ASA is the No. 1 telecommunications group in Norway. Net sales (including intragroup) break down by activity as follows:
- mobile and fixed-line telecommunications services (87.5%): mobile and fixed-line telephony services, voice and data transmission, Internet access, messaging, TV channel broadcasting, sale of telecommunications equipment, etc.;
- telecommunications infrastructure management (3.8%): construction, development and leasing of towers, masts, buildings, etc.;
- other (8.7%): offshore telecommunications services, interconnection between operators, etc.
Net sales are geographically distributed as follows: Norway (31.3%), Bangladesh (18.8%), Sweden (17.1%), Finland (15.7%), Denmark (7.4%), Pakistan (5.6%) and other (4.1%).
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
