Elisa Oyj (OTCMKTS:ELMUF) Receives $50.80 Consensus Price Target from Analysts

Shares of Elisa Oyj (OTCMKTS:ELMUF – Get Rating) have earned an average recommendation of “Hold” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $50.80.

Separately, HSBC cut shares of Elisa Oyj from a “hold” rating to a “reduce” rating in a research report on Monday, April 24th.

Elisa Oyj Stock Performance

Shares of OTCMKTS ELMUF opened at $62.45 on Friday. The company has a 50 day simple moving average of $57.93 and a 200-day simple moving average of $54.94. Elisa Oyj has a 1 year low of $58.53 and a 1 year high of $62.45.

Elisa Oyj Company Profile

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Elisa Oyj engages in the provision of telecommunications, information and communications technology, and online services. It operates through the Consumer Customers and Corporate Customers segments. The Consumer Customers segment includes telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cable-television subscriptions, Elisa Viihde entertainment service, and Elisa Kirja e-reading service.