Kyivstar Group (NASDAQ:KYIV) Stock Has Average Price Target of $16.62 According to Brokerages

Shares of Kyivstar Group (NASDAQ:KYIV) have been given a consensus rating of “Moderate Buy” by the five research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $16.62.

Several research analysts recently commented on KYIV shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kyivstar Group in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of Kyivstar Group from a “hold” rating to a “buy” rating in a report on Monday, June 15th. Finally, Benchmark reiterated a “buy” rating on shares of Kyivstar Group in a research report on Tuesday, August 4th.

Kyivstar Group Price Performance

KYIV opened at $12.10 on Thursday. The stock has a 50-day moving average price of $13.22 and a 200-day moving average price of $13.23. The stock has a market capitalization of $2.81 billion, a P/E ratio of 18.33, a PEG ratio of 1.22 and a beta of 2.14. Kyivstar Group has a 12-month low of $9.29 and a 12-month high of $16.55. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.26.

Kyivstar Group (NASDAQ:KYIV) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.02). The business had revenue of $334.66 million for the quarter. Kyivstar Group had a net margin of 12.73% and a return on equity of 24.71%. Equities analysts predict that Kyivstar Group will post 1.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in Kyivstar Group in the 4th quarter worth $54,000. Rangeley Capital LLC purchased a new position in shares of Kyivstar Group during the first quarter valued at about $101,000. WINTON GROUP Ltd bought a new position in shares of Kyivstar Group in the 2nd quarter worth approximately $163,000. Yorkville Advisors Global LP bought a new stake in shares of Kyivstar Group during the first quarter valued at approximately $551,000. Finally, Maven Securities LTD purchased a new stake in Kyivstar Group in the fourth quarter worth $607,000.

Kyivstar Group Company Profile

Kyivstar Group Ltd. is a telecommunications and digital services company focused primarily on Ukraine. Through its Kyivstar operating business, the company provides mobile voice and data communications, fixed-line broadband internet, and related connectivity services to individual and business customers.

In addition to traditional telecommunications, Kyivstar offers digital products and services such as mobile applications, entertainment and content offerings, cloud and cybersecurity solutions, and other enterprise technology services.