Qiwi Plc (NASDAQ: QIWI) has recently received a number of price target changes and ratings updates:

  • 8/15/2017 – Qiwi Plc was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/15/2017 – Qiwi Plc was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “QIWI plc operates as a provider of next generation payment services primarily in Russia and the CIS. The Company has an integrated network that enables payment services across physical, online and mobile channels. It enables merchants to accept cash and electronic payments from virtual wallets, and operates cash-collecting terminals and kiosks. QIWI plc is based in Moscow, the Russian Federation. “
  • 7/28/2017 – Qiwi Plc was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 7/26/2017 – Qiwi Plc was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating.
  • 7/19/2017 – Qiwi Plc was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “sell” rating. According to Zacks, “QIWI plc operates as a provider of next generation payment services primarily in Russia and the CIS. The Company has an integrated network that enables payment services across physical, online and mobile channels. It enables merchants to accept cash and electronic payments from virtual wallets, and operates cash-collecting terminals and kiosks. QIWI plc is based in Moscow, the Russian Federation. “
  • 7/17/2017 – Qiwi Plc was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/22/2017 – Qiwi Plc was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/19/2017 – Qiwi Plc was downgraded by analysts at VTB Capital from a “buy” rating to a “hold” rating. They now have a $27.00 price target on the stock.

Qiwi Plc (NASDAQ QIWI) traded down 3.23% on Tuesday, reaching $17.95. 203,480 shares of the company’s stock traded hands. Qiwi Plc has a 12 month low of $11.60 and a 12 month high of $26.55.

Qiwi Plc (NASDAQ:QIWI) last posted its quarterly earnings data on Wednesday, May 17th. The credit services provider reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.13. The business had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Qiwi Plc had a return on equity of 23.38% and a net margin of 14.27%. The business’s revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business earned $20.41 earnings per share. Equities research analysts forecast that Qiwi Plc will post $1.17 earnings per share for the current fiscal year.

QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.

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