Goldman Sachs Group Inc. upgraded shares of Turkcell Iletisim Hizmetleri AS (NYSE:TKC) from a sell rating to a neutral rating in a research note published on Friday.

Separately, Zacks Investment Research upgraded Turkcell Iletisim Hizmetleri AS from a sell rating to a buy rating and set a $9.00 target price on the stock in a research report on Tuesday, October 4th.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) opened at 7.14 on Friday. Turkcell Iletisim Hizmetleri AS has a 12-month low of $6.99 and a 12-month high of $10.87. The company’s 50-day moving average price is $7.67 and its 200-day moving average price is $8.46. The stock’s market cap is $6.64 billion.

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Several large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new stake in Turkcell Iletisim Hizmetleri AS during the second quarter valued at approximately $115,000. Princeton Alpha Management LP boosted its stake in Turkcell Iletisim Hizmetleri AS by 8.4% in the second quarter. Princeton Alpha Management LP now owns 13,650 shares of the company’s stock valued at $125,000 after buying an additional 1,052 shares in the last quarter. Checchi Capital Advisers LLC boosted its stake in Turkcell Iletisim Hizmetleri AS by 10.2% in the second quarter. Checchi Capital Advisers LLC now owns 14,048 shares of the company’s stock valued at $129,000 after buying an additional 1,302 shares in the last quarter. Private Bank & Trust Co. boosted its stake in Turkcell Iletisim Hizmetleri AS by 27.6% in the second quarter. Private Bank & Trust Co. now owns 14,442 shares of the company’s stock valued at $132,000 after buying an additional 3,122 shares in the last quarter. Finally, Raymond James Trust N.A. boosted its stake in Turkcell Iletisim Hizmetleri AS by 0.7% in the third quarter. Raymond James Trust N.A. now owns 17,283 shares of the company’s stock valued at $139,000 after buying an additional 124 shares in the last quarter. 5.68% of the stock is owned by hedge funds and other institutional investors.

About Turkcell Iletisim Hizmetleri AS

Turkcell Iletisim Hizmetleri AS is engaged in establishing and operating a global system for mobile communications (GSM) network in Turkey and regional states. The Company provides services to its consumer and corporate customers with its mobile, fixed broadband, television products and other media services.

5 Day Chart for NYSE:TKC

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