An unfavourable environment weighs on TELE COLUMBUS, which sees a downgrade to Neutral
The independent financial analyst theScreener just requalified the general evaluation of TELE COLUMBUS (DE), active in the Integrated Telecommunications industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as defensive. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Neutral. As of the analysis date January 18, 2022, the closing price was EUR 3.17 and its target price was estimated at EUR 3.01.Tele Columbus AG. Tele Columbus AG is a Germany-based company engaged in the telecommunication and cable television business sector. The Company offers analog cable television (TV), digital TV, Internet access and cable telephony via broadband cable. The service offered by the Company includes digital cable channels, a telephone line or Internet flat rate. There is also a possibility to choose a double flat deal where the client combines a telephone and Internet flat rate or a Sky High Definition (HD). The offers are available in Berlin, Brandenburg, Saxony, Saxony-Anhalt, Thuringia , Saxony and in parts of North Rhine-Westphalia. The subsidiaries of the Company include Tele Columbus Netze Berlin GmbH, pepcom GmbH and Kabelfernsehen Muenchen Servicenter GmbH & Co KG, among others.
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