Tele2: Credit Suisse still a buyer
(CercleFinance.com) - Credit Suisse is sticking to its revenue and EBITDAaL estimates ahead of Tele2's Q3 earnings announcement.
"Tele2 remains our top Nordic pick and we maintain our Outperform rating and SEK158/share target price".
"Tele2 reports Q3 21 earnings on 20th October. In B2C we expect
continued low promotional activity and continued ARPU benefits from Telia/Tele2 price hikes" the analyst says.
"At the EBITDA level 2021 guidance implies a slowdown in H2 after a strong H1" Credit Suisse adds.
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