Mobil’nye Telesistemy PAO (MBT) Upgraded at ValuEngine

ValuEngine upgraded shares of Mobil’nye Telesistemy PAO (NYSE:MBT) from a strong sell rating to a sell rating in a research report report published on Wednesday morning.

Separately, Zacks Investment Research upgraded Mobil’nye Telesistemy PAO from a sell rating to a hold rating in a research report on Wednesday, November 21st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $14.00.

Shares of NYSE MBT opened at $7.31 on Wednesday. The stock has a market capitalization of $6.92 billion, a price-to-earnings ratio of 7.18, a price-to-earnings-growth ratio of 0.75 and a beta of 1.11. The company has a debt-to-equity ratio of 7.00, a quick ratio of 0.92 and a current ratio of 0.99. Mobil’nye Telesistemy PAO has a twelve month low of $7.15 and a twelve month high of $12.80.

Mobil’nye Telesistemy PAO (NYSE:MBT) last announced its quarterly earnings data on Tuesday, November 20th. The Wireless communications provider reported $0.31 EPS for the quarter. The firm had revenue of $1.95 billion for the quarter. Mobil’nye Telesistemy PAO had a return on equity of 52.39% and a net margin of 1.66%. Research analysts forecast that Mobil’nye Telesistemy PAO will post 0.95 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in MBT. Wells Fargo & Company MN increased its position in shares of Mobil’nye Telesistemy PAO by 163.0% during the 3rd quarter. Wells Fargo & Company MN now owns 7,347,448 shares of the Wireless communications provider’s stock valued at $62,674,000 after purchasing an additional 4,553,317 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Mobil’nye Telesistemy PAO by 15.1% during the 3rd quarter. Renaissance Technologies LLC now owns 23,960,546 shares of the Wireless communications provider’s stock valued at $204,383,000 after purchasing an additional 3,139,696 shares during the last quarter. Deutsche Bank AG increased its position in shares of Mobil’nye Telesistemy PAO by 61.1% during the 3rd quarter. Deutsche Bank AG now owns 5,758,268 shares of the Wireless communications provider’s stock valued at $49,114,000 after purchasing an additional 2,185,012 shares during the last quarter. FMR LLC increased its position in shares of Mobil’nye Telesistemy PAO by 572.9% during the 3rd quarter. FMR LLC now owns 2,252,332 shares of the Wireless communications provider’s stock valued at $19,212,000 after purchasing an additional 1,917,632 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its position in shares of Mobil’nye Telesistemy PAO by 47.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 3,688,828 shares of the Wireless communications provider’s stock valued at $31,465,000 after purchasing an additional 1,188,649 shares during the last quarter. Hedge funds and other institutional investors own 32.25% of the company’s stock.

About Mobil’nye Telesistemy PAO

Public Joint-Stock Company Mobile TeleSystems provides telecommunication services in Russia, Ukraine, Turkmenistan, and Armenia. It operates through three segments: Russia Convergent, Moscow Fixed Line, and Ukraine. The company offers voice and data transmission; Internet access; pay TV; and various value added services, including big data, Internet of Things, cloud, financial, and e-commerce services through wireless and fixed lines, as well as sells equipment, accessories, and software.

Featured Article: What is a Fiduciary?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Mobil`nye Telesistemy PAO (NYSE:MBT)

Receive News & Ratings for Mobil'nye Telesistemy PAO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobil'nye Telesistemy PAO and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply