Kyivstar Group (NASDAQ:KYIV) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Kyivstar Group (NASDAQ:KYIV) have been assigned an average rating of “Moderate Buy” from the five research firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $16.6250.

Several equities analysts have commented on KYIV shares. Barclays initiated coverage on shares of Kyivstar Group in a research note on Wednesday, April 8th. They issued an “overweight” rating and a $12.50 price target on the stock. Morgan Stanley assumed coverage on shares of Kyivstar Group in a report on Friday, June 5th. They issued an “equal weight” rating and a $17.00 target price for the company. Benchmark began coverage on shares of Kyivstar Group in a research report on Friday, March 27th. They issued a “buy” rating and a $20.00 target price on the stock. Wall Street Zen upgraded shares of Kyivstar Group from a “hold” rating to a “buy” rating in a research note on Monday, June 15th. Finally, Weiss Ratings raised shares of Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 8th.

Institutional Trading of Kyivstar Group

A number of large investors have recently made changes to their positions in the company. Pertento Partners LLP acquired a new position in Kyivstar Group during the fourth quarter worth approximately $23,456,000. UBS Group AG boosted its holdings in shares of Kyivstar Group by 27.9% in the fourth quarter. UBS Group AG now owns 751,322 shares of the company’s stock valued at $9,752,000 after acquiring an additional 164,113 shares during the period. Millennium Management LLC boosted its holdings in shares of Kyivstar Group by 24.6% in the fourth quarter. Millennium Management LLC now owns 127,555 shares of the company’s stock valued at $1,656,000 after acquiring an additional 25,199 shares during the period. Renaissance Technologies LLC purchased a new position in shares of Kyivstar Group during the first quarter worth approximately $820,000. Finally, Quinn Opportunity Partners LLC grew its position in shares of Kyivstar Group by 59.6% during the fourth quarter. Quinn Opportunity Partners LLC now owns 80,100 shares of the company’s stock worth $1,040,000 after acquiring an additional 29,900 shares during the last quarter.

Kyivstar Group Stock Down 1.8%

Kyivstar Group stock opened at $13.40 on Friday. The stock has a market cap of $3.09 billion and a PE ratio of 12.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.16 and a quick ratio of 1.16. The stock’s fifty day moving average is $14.43 and its two-hundred day moving average is $12.76. Kyivstar Group has a 1-year low of $9.29 and a 1-year high of $16.55.

Kyivstar Group (NASDAQ:KYIV) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.03. The business had revenue of $323.00 million for the quarter. On average, sell-side analysts expect that Kyivstar Group will post 1.43 EPS for the current fiscal year.

Kyivstar Group Company Profile

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.