Turkcell Iletisim Hizmetleri AS (NYSE:TKC) has earned a consensus recommendation of “Buy” from the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $11.00.

Several research analysts recently weighed in on the company. BidaskClub raised Turkcell Iletisim Hizmetleri AS from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research raised Turkcell Iletisim Hizmetleri AS from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Friday, September 22nd. TheStreet raised Turkcell Iletisim Hizmetleri AS from a “c” rating to a “b-” rating in a report on Wednesday, August 16th. Finally, Citigroup Inc. raised Turkcell Iletisim Hizmetleri AS from a “neutral” rating to a “buy” rating in a report on Tuesday, July 25th.

COPYRIGHT VIOLATION WARNING: “Turkcell Iletisim Hizmetleri AS (TKC) Receives $11.00 Consensus PT from Analysts” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/11/05/turkcell-iletisim-hizmetleri-as-tkc-receives-11-00-consensus-pt-from-analysts.html.

Turkcell Iletisim Hizmetleri AS (TKC) traded down $0.33 during trading hours on Thursday, hitting $9.12. The stock had a trading volume of 445,649 shares, compared to its average volume of 582,311. The company has a market cap of $8,025.60, a P/E ratio of 11.40 and a beta of 0.97. The company has a quick ratio of 1.61, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

Several hedge funds have recently made changes to their positions in TKC. Oldfield Partners LLP lifted its position in shares of Turkcell Iletisim Hizmetleri AS by 22.5% in the 2nd quarter. Oldfield Partners LLP now owns 3,847,796 shares of the Wireless communications provider’s stock worth $31,552,000 after acquiring an additional 707,124 shares during the period. FMR LLC bought a new position in shares of Turkcell Iletisim Hizmetleri AS during the 2nd quarter worth approximately $4,296,000. Bank of America Corp DE lifted its position in shares of Turkcell Iletisim Hizmetleri AS by 55.1% during the 1st quarter. Bank of America Corp DE now owns 1,296,907 shares of the Wireless communications provider’s stock worth $10,738,000 after buying an additional 460,832 shares during the period. Thomas White International Ltd. bought a new position in Turkcell Iletisim Hizmetleri AS in the 2nd quarter valued at $1,575,000. Finally, Glovista Investments LLC bought a new position in Turkcell Iletisim Hizmetleri AS in the 2nd quarter valued at $1,233,000. Institutional investors own 4.78% of the company’s stock.

Turkcell Iletisim Hizmetleri AS Company Profile

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’s segments include Turkcell Turkey, which includes the operations of Turkcell Superonline, Turkcell Satis ve Dagitim Hizmetleri A.S., group call center operations of Global Bilgi Pazarlama Danisma ve Cagri Servisi Hizmetleri A.S., Turktell Bilisim Servisleri A.S., Kule Hizmet ve Isletmecilik A.S., Turkcell Odeme Hizmetleri A.S.

Analyst Recommendations for Turkcell Iletisim Hizmetleri AS (NYSE:TKC)

Receive News & Stock Ratings for Turkcell Iletisim Hizmetleri AS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turkcell Iletisim Hizmetleri AS and related stocks with our FREE daily email newsletter.