MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $13.42 and last traded at $13.42, with a volume of 920 shares changing hands. The stock had previously closed at $12.94.
Analysts Set New Price Targets
Separately, UBS Group initiated coverage on MTN Group in a report on Monday, March 23rd. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, MTN Group presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on MTN Group
MTN Group Stock Performance
About MTN Group
MTN Group (OTCMKTS: MTNOY) is a multinational telecommunications company headquartered in Johannesburg, South Africa. Founded in the mid-1990s as Mobile Telephone Networks, the company has grown into one of the largest mobile network operators serving consumers, businesses and governments across Africa and the Middle East. MTN is listed on the Johannesburg Stock Exchange and also trades over‑the‑counter in the United States under the symbol MTNOY.
The company’s core activities include mobile voice and data services, fixed‑line and broadband offerings, and enterprise solutions such as cloud, connectivity and managed services.
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