Kyivstar Group (NASDAQ:KYIV) Upgraded by Wall Street Zen to “Buy” Rating

Kyivstar Group (NASDAQ:KYIV) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Separately, Cantor Fitzgerald restated an “overweight” rating and set a $17.00 target price on shares of Kyivstar Group in a research report on Wednesday, December 24th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $17.00.

Kyivstar Group Price Performance

Shares of NASDAQ KYIV opened at $11.88 on Friday. The business’s 50-day moving average price is $12.37. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $2.74 billion and a P/E ratio of 36.00. Kyivstar Group has a 12 month low of $10.16 and a 12 month high of $16.48.

Institutional Trading of Kyivstar Group

A number of institutional investors and hedge funds have recently made changes to their positions in KYIV. Caitong International Asset Management Co. Ltd purchased a new position in shares of Kyivstar Group in the 4th quarter worth $54,000. Quadrature Capital Ltd purchased a new stake in Kyivstar Group during the fourth quarter valued at about $133,000. Goldman Sachs Group Inc. acquired a new stake in Kyivstar Group during the fourth quarter worth about $249,000. Cantor Fitzgerald L. P. acquired a new stake in Kyivstar Group during the third quarter worth about $250,000. Finally, SG Americas Securities LLC purchased a new position in shares of Kyivstar Group in the 4th quarter worth about $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.