Koninklijke KPN (OTCMKTS:KKPNY) Stock Rating Upgraded by BNP Paribas

Koninklijke KPN (OTCMKTS:KKPNY) was upgraded by research analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued on Thursday, Briefing.com reports.

Separately, Citigroup downgraded Koninklijke KPN from a “buy” rating to a “neutral” rating in a research report on Thursday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $3.58.

Koninklijke KPN Stock Performance

Shares of OTCMKTS KKPNY opened at $3.47 on Thursday. The business’s 50 day moving average price is $3.55 and its two-hundred day moving average price is $3.54. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.65 and a quick ratio of 0.62. Koninklijke KPN has a twelve month low of $2.56 and a twelve month high of $3.80.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.