Inactive Instrument

Euskaltel, S.A.

EKT

ES0105075008

Integrated Telecommunications Services

Euskaltel, S.A. : No turn-around in sight

February 17, 2021 at 09:37 am EST
By Eduardo Yusseppe Quiñonez Diaz

BUY

Target price hit

Entry price	Target	Stop-loss	Potential
€8.43	€9.75	€8	+15.66%

The underlying tendency is to the upside for shares in Euskaltel, S.A. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.

Strengths

● This company will be of major interest to investors in search of a high dividend stock.

● The tendency within the weekly time frame is positive above the technical support level at 7.67 EUR

Weaknesses

● One of the major weak points of the company is its financial situation.

● The group usually releases earnings worse than estimated.

Latest news about Euskaltel, S.A.

Consortium of Basque investors acquired a 51% stake in Ekt Cable Y Telecomunicaciones SL from Euskaltel, S.A. for €580 million.	22-07-20	CI
Euskaltel S A : To Delist Shares From Spanish Bourses	21-09-01	MT
PayPal : to Offer Cryptocurrency Trading Services to UK Customers as Digital Product Demand Grows	21-08-23	MT
PayPal launches crypto buying and selling in UK	21-08-23	RE
Coinbase Global : PayPal launches crypto buying and selling in the UK	21-08-23	RE
Agile Content, S.A. completed the acquisition of TV division of Euskaltel, S.A.	21-08-15	CI
Communications Services Flat As Traders Hedge Bets On Growth View -- Communications Services Roundup	21-08-13	DJ
FTSE 100 Closes Up Despite Fall for Oil Majors	21-08-13	DJ
FTSE 100 Rises as Retail, Insurers Gain	21-08-13	DJ
Pound Set to Rise Further as U.K. Economy Recovers	21-08-13	DJ
FTSE 100 Set to Rise on U.S. Gains	21-08-13	DJ
Zegona Communications : Launches $455 Million Tender Offer	21-08-13	MT
Euskaltel, S.A.(BME:EKT) dropped from S&P Global BMI Index	21-08-12	CI
Agile Content, S.A. agreed to acquire TV division Euskaltel, S.A. for €32 million.	21-08-10	CI
Kaixo Telecom SA completed the acquisition of Euskaltel, S.A. from a group of shareholders.	21-07-29	CI
Transcript : Euskaltel, S.A., Q2 2021 Earnings Call, Jul 28, 2021	21-07-28
Euskaltel, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021	21-07-27	CI
Euskaltel S A : Takeover target Euskaltel swings to first-half loss	21-07-27	RE
Euskaltel S A : Spain's telecom operators to observe siesta truce for commercial calls	21-07-21	RE
Corporación Financiera Alba S A : Euskaltel's board recommends accepting Masmovil's takeover bid	21-07-12	RE
Euskaltel S A : Acceptance Period for Kaixo Telecom's Takeover Of Euskaltel to Run Until July 30	21-07-06	MT
Euskaltel S A : Spanish Financial Watchdog OKs Kaixo Telecom's Takeover Of Euskaltel	21-07-06	MT
Market Chatter: MasMovil's $2.37 Billion Euskaltel Takeover Wins Spanish State Approval	21-06-24	MT
Altice seeks to lure MasMovil, others for $7.3 bln Portugal sale - sources	21-06-09	RE
Euskaltel S A : Spain's telcos freed from network access obligation	21-05-31	RE

Euskaltel SA is a Spain-based company engaged in the provision of integrated telecommunication services. The Company's activities are divided into three segments: Residential, Business, as well as Wholesale and Other. The Residential segment provides fixed and mobile telecommunication services, broadband and wireless Internet, as well as digital television (TV) as a single service and in packages. The Business division primarily offers fixed and mobile telephony, as well as Internet access for enterprises. The Wholesale and Other area serves wholesale customers and is responsible for the delivery of communication services, such as infrastructure leasing, information technology (IT) outsourcing, as well as sell of installation material and electronics. The Company operates in the Basque Country, Spain.

Sector

Integrated Telecommunications Services

More about the company

Sector Other Integrated Telecommunications Services

	1st Jan change	Capi.
CHINA MOBILE LIMITED	+13.89%	208B
VERIZON COMMUNICATIONS	+6.42%	169B
DEUTSCHE TELEKOM AG	+2.11%	118B
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	-11.26%	82.11B
CHINA TELECOM CORPORATION LIMITED	+16.04%	71.25B
AMÉRICA MÓVIL, S.A.B. DE C.V.	+4.19%	61.11B
SAUDI TELECOM COMPANY	-5.82%	50.99B
CHARTER COMMUNICATIONS, INC.	-29.29%	39.32B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	-17.92%	38.12B

Other Integrated Telecommunications Services

Euskaltel, S.A.

Equities

EKT

ES0105075008

Integrated Telecommunications Services

Euskaltel, S.A. : No turn-around in sight

The underlying tendency is to the upside for shares in Euskaltel, S.A. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.

Latest news about Euskaltel, S.A.

Chart Euskaltel, S.A.

Company Profile

Sector Other Integrated Telecommunications Services