Swisscom (OTC:SCMWY) Rating Increased to Hold at New Street Research

New Street Research upgraded shares of Swisscom (OTC:SCMWY) to a hold rating in a report issued on Monday morning, Zacks.com reports.

Swisscom Trading Down 0.4 %

SCMWY stock traded down $0.25 during trading on Monday, reaching $64.74. The company had a trading volume of 8,700 shares, compared to its average volume of 15,433. Swisscom has a twelve month low of $53.01 and a twelve month high of $65.30.

Swisscom Company Profile

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.