Kyivstar Group (NASDAQ:KYIV) Now Covered by Barclays

Barclays initiated coverage on shares of Kyivstar Group (NASDAQ:KYIV) in a report published on Wednesday morning, MarketBeat.com reports. The firm issued an overweight rating and a $12.50 price objective on the stock.

Several other research analysts have also commented on the stock. Wall Street Zen upgraded shares of Kyivstar Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Weiss Ratings started coverage on shares of Kyivstar Group in a research note on Tuesday, March 17th. They set a “hold (c)” rating for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $17.00 price objective on shares of Kyivstar Group in a research note on Wednesday, December 24th. Finally, Benchmark started coverage on shares of Kyivstar Group in a research note on Friday, March 27th. They set a “buy” rating and a $20.00 price objective for the company. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.50.

Kyivstar Group Stock Performance

NASDAQ:KYIV opened at $10.56 on Wednesday. Kyivstar Group has a one year low of $9.29 and a one year high of $16.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.38 and a current ratio of 1.39. The company has a market cap of $2.44 billion and a price-to-earnings ratio of 15.09. The firm has a 50-day simple moving average of $11.41.

Kyivstar Group (NASDAQ:KYIV) last issued its quarterly earnings data on Friday, March 13th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $321.00 million during the quarter, compared to analysts’ expectations of $302.65 million.

Institutional Trading of Kyivstar Group

Large investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new stake in Kyivstar Group during the 4th quarter worth approximately $54,000. Quadrature Capital Ltd purchased a new stake in Kyivstar Group during the 4th quarter worth approximately $133,000. Goldman Sachs Group Inc. purchased a new stake in Kyivstar Group during the 4th quarter worth approximately $249,000. Cantor Fitzgerald L. P. purchased a new stake in Kyivstar Group during the 3rd quarter worth approximately $250,000. Finally, SG Americas Securities LLC purchased a new stake in Kyivstar Group during the 4th quarter worth approximately $279,000.

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.