Kyivstar Group (NASDAQ:KYIV) Stock Has Consensus Price Target of $16.62 According to Brokerages

Shares of Kyivstar Group (NASDAQ:KYIV) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $16.62.

Several analysts recently issued reports on KYIV shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Kyivstar Group in a report on Tuesday. Benchmark restated a “buy” rating on shares of Kyivstar Group in a research note on Tuesday, August 4th.

Institutional Investors Weigh In On Kyivstar Group

Several large investors have recently made changes to their positions in KYIV. Rangeley Capital LLC bought a new position in shares of Kyivstar Group during the 1st quarter valued at $101,000. WINTON GROUP Ltd acquired a new stake in shares of Kyivstar Group in the 2nd quarter valued at $163,000. Oppenheimer & Co. Inc. bought a new stake in Kyivstar Group in the third quarter worth $542,000. Yorkville Advisors Global LP bought a new stake in Kyivstar Group in the first quarter worth $551,000. Finally, Renaissance Technologies LLC acquired a new position in Kyivstar Group during the first quarter worth $820,000.

Kyivstar Group Trading Up 2.2%

Shares of NASDAQ:KYIV opened at $13.62 on Monday. The firm has a fifty day moving average of $13.06 and a two-hundred day moving average of $12.90. The firm has a market capitalization of $3.16 billion, a P/E ratio of 9.52, a price-to-earnings-growth ratio of 1.34 and a beta of 2.03. Kyivstar Group has a 12-month low of $9.29 and a 12-month high of $16.55. The company has a quick ratio of 1.25, a current ratio of 1.26 and a debt-to-equity ratio of 0.26.

About Kyivstar Group

Kyivstar Group Ltd. is a telecommunications company focused primarily on providing connectivity and digital services in Ukraine. Through its Kyivstar brand, the company offers mobile voice and data services, messaging, broadband internet, television and other communications products for consumer and business customers.

The company also provides enterprise telecommunications and digital solutions, including connectivity, cloud-related services and other technology offerings designed to support organizations.