Swisscom: BarCap still 'underweight' on top-line pressures.

(CercleFinance.com) - Barclays Capital has maintained its "underweight" rating on the Swisscom stock, along with its target price of 400 Swiss francs.


In a research report issued today, the broker says that it sees the Swiss telecommunications firm's EBITDA set to remain under pressure as top-line pressures have increased.

"In addition, the only cross-selling left is mobile, where sub-scale players are competing aggressively for market share and convergent discounts are diluting ARPU (...), and this is set to continue," BarCap said.


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