Kyivstar Group (NASDAQ:KYIV) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of Kyivstar Group (NASDAQ:KYIV) from a buy rating to a hold rating in a report released on Wednesday.

Separately, Cantor Fitzgerald restated an “overweight” rating and set a $17.00 price objective on shares of Kyivstar Group in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $17.00.

Kyivstar Group Trading Up 0.4%

Shares of KYIV stock opened at $13.49 on Wednesday. Kyivstar Group has a 52 week low of $10.16 and a 52 week high of $16.48. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.22.

About Kyivstar Group

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.