Inactive Instrument

Euskaltel, S.A.

EKT

ES0105075008

Integrated Telecommunications Services

Euskaltel, S.A. : There is still some upside potential

February 03, 2021 at 10:03 am
By Eduardo Yusseppe Quiñonez Diaz

BUY

Stop-loss triggered

Entry price	Target	Stop-loss	Potential
€8.91	€11.7	€8.19	+31.31%

Euskaltel, S.A. shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.

Strengths

● The company is one of the best yield companies with high dividend expectations.

● The stock is in a well-established, long-term rising trend above the technical support level at 7.67 EUR

Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at EUR 9.35.

● The company is in a hindered financial situation with significant debt and rather low EBITDA levels.

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

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