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Cellnex Telecom, S.A. (CLNX.MC)

MCE - MCE Delayed price. Currency in EUR
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32.21+0.82 (+2.61%)
At close: 05:35PM CEST
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Previous close31.39
Open31.25
Bid32.18 x 0
Ask32.20 x 0
Day's range31.25 - 32.21
52-week range26.02 - 38.82
Volume625,656
Avg. volume1,583,779
Market cap22.725B
Beta (5Y monthly)0.76
PE ratio (TTM)N/A
EPS (TTM)-0.37
Earnings date31 Jul 2024
Forward dividend & yield0.06 (0.18%)
Ex-dividend date13 Jun 2024
1y target est53.83
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  • Reuters

    Cellnex gets credit upgrade, sees earnings surge after cutting debt

    BARCELONA/LONDON (Reuters) -S&P agency gave a credit rating upgrade to Spain's Cellnex on Tuesday after Europe's largest mobile phone tower operator forecast boosting core earnings by up to a third by 2027, helping to reduce debt. The credit rating upgrade was a cornerstone of its new roadmap. S&P said it had given Cellnex an investment-grade BBB-, in a one-notch upgrade from BB+ in the so-called speculative part of the scale, due to "Cellnex's stronger commitment to deleveraging" and its earnings and cash flow forecasts.