Group 1 - Telenor ASA (TELNY) is currently ranked 1 in the Utilities group within the Zacks Sector Rank, indicating strong performance relative to its peers [2] - Telenor ASA has a Zacks Rank of 1 (Strong Buy), with a 11.5% increase in the consensus estimate for full-year earnings over the past 90 days, reflecting improved analyst sentiment [3] - Year-to-date, Telenor ASA has returned 40.8%, significantly outperforming the average 9.1% gain of the Utilities group [4] Group 2 - Telenor ASA is part of the Diversified Communication Services industry, which ranks 16 in the Zacks Industry Rank, and has gained an average of 15.8% this year [5] - In comparison, Tele2 (TLTZY), another Utilities stock, has outperformed with a 52.7% year-to-date return and has a Zacks Rank of 2 (Buy) [4][5] - The Wireline Non-US industry, which includes Tele2, has seen a decline of -29% since the beginning of the year, highlighting the relative strength of Telenor ASA [6]
Is Telenor (TELNY) Outperforming Other Utilities Stocks This Year?
ZACKSยท2025-07-18 14:40