Equities research analysts at Deutsche Bank AG started coverage on shares of MTN Group Ltd (NASDAQ:MTNOY) in a report released on Wednesday, The Fly reports. The brokerage set a “hold” rating on the stock.

Separately, Zacks Investment Research lowered shares of MTN Group from a “buy” rating to a “hold” rating in a report on Wednesday, July 27th.

Shares of MTN Group (NASDAQ:MTNOY) opened at 7.81 on Wednesday. MTN Group has a 12-month low of $6.65 and a 12-month high of $14.14. The firm’s 50-day moving average is $8.39 and its 200-day moving average is $8.99. The company has a market capitalization of $14.24 billion and a PE ratio of 70.36.

About MTN Group

MTN Group Limited is a mobile operator. The Company offers voice, data and digital services to retail customers in approximately 20 countries where it has telecoms licenses, as well as enterprise solutions to corporate, small and medium enterprises (SME) and public sector customers in over 30 countries.

5 Day Chart for NASDAQ:MTNOY

The Fly

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