Kyivstar Group (NASDAQ:KYIV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Kyivstar Group (NASDAQ:KYIV) has been assigned an average rating of “Moderate Buy” from the five analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $16.6250.

KYIV has been the topic of a number of research reports. Benchmark restated a “buy” rating on shares of Kyivstar Group in a report on Tuesday, August 4th. Wall Street Zen raised Kyivstar Group from a “hold” rating to a “buy” rating in a report on Monday, June 15th. Morgan Stanley assumed coverage on Kyivstar Group in a research report on Friday, June 5th. They set an “equal weight” rating and a $17.00 target price on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kyivstar Group in a report on Wednesday, August 5th.

Institutional Investors Weigh In On Kyivstar Group

Several institutional investors and hedge funds have recently made changes to their positions in KYIV. UBS Group AG increased its holdings in Kyivstar Group by 27.9% during the 4th quarter. UBS Group AG now owns 751,322 shares of the company’s stock valued at $9,752,000 after acquiring an additional 164,113 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Kyivstar Group by 55.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 43,832 shares of the company’s stock valued at $569,000 after purchasing an additional 15,587 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Kyivstar Group in the fourth quarter valued at about $249,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Kyivstar Group in the fourth quarter valued at approximately $312,000. Finally, HRT Financial LP grew its position in shares of Kyivstar Group by 12.0% in the fourth quarter. HRT Financial LP now owns 35,838 shares of the company’s stock valued at $465,000 after purchasing an additional 3,853 shares during the last quarter.

Kyivstar Group Stock Up 3.8%

KYIV stock opened at $13.88 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $14.16 and its 200 day moving average price is $12.92. Kyivstar Group has a 52 week low of $9.29 and a 52 week high of $16.55. The company has a market cap of $3.20 billion and a P/E ratio of 21.03.

Kyivstar Group (NASDAQ:KYIV) last issued its earnings results on Friday, July 31st. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). Kyivstar Group had a net margin of 12.73% and a return on equity of 24.71%. The company had revenue of $334.66 million during the quarter. On average, research analysts expect that Kyivstar Group will post 1.42 earnings per share for the current fiscal year.

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.