Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Downgraded by ValuEngine to “Strong Sell”
A number of other equities research analysts have also commented on the company. Zacks Investment Research lowered Turkcell Iletisim Hizmetleri A.S. from a hold rating to a sell rating in a research report on Saturday, August 3rd. HSBC lowered Turkcell Iletisim Hizmetleri A.S. from a buy rating to a hold rating in a research report on Monday, May 13th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Turkcell Iletisim Hizmetleri A.S. has a consensus rating of Hold and a consensus target price of $7.25.
NYSE:TKC opened at $5.61 on Tuesday. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $3.93 and a 1-year high of $7.16. The business’s 50-day moving average price is $5.65 and its two-hundred day moving average price is $5.67. The company has a current ratio of 1.73, a quick ratio of 1.71 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 0.56 and a beta of 0.69.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TKC. Redhawk Wealth Advisors Inc. acquired a new stake in Turkcell Iletisim Hizmetleri A.S. in the 2nd quarter valued at approximately $32,000. US Bancorp DE raised its position in Turkcell Iletisim Hizmetleri A.S. by 170.9% in the 2nd quarter. US Bancorp DE now owns 7,112 shares of the Wireless communications provider’s stock valued at $39,000 after buying an additional 4,487 shares during the last quarter. Financial Gravity Wealth Inc. acquired a new stake in Turkcell Iletisim Hizmetleri A.S. in the 1st quarter valued at approximately $43,000. Holistic Financial Partners acquired a new stake in Turkcell Iletisim Hizmetleri A.S. in the 2nd quarter valued at approximately $60,000. Finally, OneAscent Financial Services LLC acquired a new stake in Turkcell Iletisim Hizmetleri A.S. in the 2nd quarter valued at approximately $66,000. 3.02% of the stock is currently owned by institutional investors.
Turkcell Iletisim Hizmetleri A.S. Company Profile
Turkcell Iletisim Hizmetleri A.S. provides mobile telecommunication services for consumer, corporate, and wholesale customers. The company operates in two segments, Turkcell Turkey and Turkcell International. It offers mobile communication and fixed voice services; and broadband services that consist of mobile broadband, fiber to the home/building, and ADSL.
Read More: Bear Market – How and Why They Occur
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Turkcell Iletisim Hizmetleri A.S. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turkcell Iletisim Hizmetleri A.S. and related companies with MarketBeat.com's FREE daily email newsletter.