Kyivstar Group (NASDAQ:KYIV) Receives $16.62 Average Price Target from Brokerages

Kyivstar Group (NASDAQ:KYIVGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $16.6250.

Several equities research analysts have issued reports on the stock. Morgan Stanley started coverage on shares of Kyivstar Group in a research note on Friday, June 5th. They set an “equal weight” rating and a $17.00 price target on the stock. Wall Street Zen raised shares of Kyivstar Group from a “hold” rating to a “buy” rating in a research report on Monday, June 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Kyivstar Group in a research note on Wednesday, August 5th. Finally, Benchmark restated a “buy” rating on shares of Kyivstar Group in a research report on Tuesday, August 4th.

Read Our Latest Research Report on Kyivstar Group

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. UBS Group AG grew its position 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 purchasing an additional 164,113 shares during the period. Renaissance Technologies LLC acquired a new position in Kyivstar Group in the first quarter valued at $820,000. Yorkville Advisors Global LP purchased a new position in Kyivstar Group during the first quarter worth about $551,000. Maven Securities LTD acquired a new stake in Kyivstar Group in the 4th quarter worth about $607,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in Kyivstar Group in the 4th quarter worth about $312,000.

Kyivstar Group Stock Down 1.9%

Shares of NASDAQ:KYIV opened at $13.03 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.26 and a debt-to-equity ratio of 0.26. Kyivstar Group has a 52-week low of $9.29 and a 52-week high of $16.55. The stock’s fifty day simple moving average is $13.63 and its 200-day simple moving average is $13.08. The company has a market capitalization of $3.01 billion and a P/E ratio of 19.74.

Kyivstar Group (NASDAQ:KYIVGet Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). Kyivstar Group had a return on equity of 24.71% and a net margin of 12.73%.The company had revenue of $334.66 million for the quarter. As a group, equities research analysts forecast that Kyivstar Group will post 1.42 earnings per share for the current fiscal year.

About Kyivstar Group

(Get Free Report)

Kyivstar Group Ltd. is a telecommunications and digital services company whose principal operating business is Kyivstar, one of Ukraine’s leading communications providers. The company offers mobile voice and data services, fixed-line broadband, internet connectivity and related digital communications products for consumers, businesses and public-sector organizations.

Kyivstar also provides enterprise solutions, including connectivity, cloud and digital services, cybersecurity-related offerings and communications tools designed to support businesses.

Further Reading

Analyst Recommendations for Kyivstar Group (NASDAQ:KYIV)

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