Turkcell Iletisim Hizmetleri AS (NYSE:TKC) has earned a consensus rating of “Buy” from the nine analysts that are currently covering the company, Marketbeat Ratings reports. Two 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 1 year price target among analysts that have issued a report on the stock in the last year is $10.00.

A number of analysts recently commented on the company. TheStreet upgraded Turkcell Iletisim Hizmetleri AS from a “c” rating to a “b-” rating in a report on Wednesday, August 16th. Zacks Investment Research upgraded Turkcell Iletisim Hizmetleri AS from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Friday, September 22nd.

Institutional investors have recently modified their holdings of the stock. FMR LLC bought a new stake in Turkcell Iletisim Hizmetleri AS during the second quarter worth $4,296,000. Thomas White International Ltd. bought a new stake in Turkcell Iletisim Hizmetleri AS during the second quarter worth $1,575,000. Lazard Asset Management LLC increased its position in Turkcell Iletisim Hizmetleri AS by 1.7% in the second quarter. Lazard Asset Management LLC now owns 3,110,211 shares of the Wireless communications provider’s stock worth $25,503,000 after buying an additional 51,237 shares during the last quarter. Aperio Group LLC increased its position in Turkcell Iletisim Hizmetleri AS by 40.3% in the third quarter. Aperio Group LLC now owns 427,460 shares of the Wireless communications provider’s stock worth $3,770,000 after buying an additional 122,802 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Turkcell Iletisim Hizmetleri AS by 36.9% in the second quarter. Bank of New York Mellon Corp now owns 53,596 shares of the Wireless communications provider’s stock worth $439,000 after buying an additional 14,443 shares during the last quarter. Institutional investors and hedge funds own 3.33% of the company’s stock.

Shares of Turkcell Iletisim Hizmetleri AS (TKC) traded down $0.10 during trading on Monday, reaching $9.49. The company had a trading volume of 548,198 shares, compared to its average volume of 338,648. The company has a market capitalization of $8,430.40, a price-to-earnings ratio of 11.98 and a beta of 0.97. Turkcell Iletisim Hizmetleri AS has a 1-year low of $6.36 and a 1-year high of $9.79. The company has a quick ratio of 1.61, a current ratio of 1.62 and a debt-to-equity ratio of 0.53.

The firm also recently declared an annual dividend, which will be paid on Tuesday, December 26th. Investors of record on Monday, December 18th will be issued a dividend of $0.2887 per share. This is a positive change from Turkcell Iletisim Hizmetleri AS’s previous annual dividend of $0.14. This represents a yield of 3.16%. The ex-dividend date of this dividend is Friday, December 15th. Turkcell Iletisim Hizmetleri AS’s dividend payout ratio (DPR) is 77.94%.

TRADEMARK VIOLATION NOTICE: This piece was posted by Daily Political and is owned by of Daily Political. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of international trademark and copyright law. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/12/02/turkcell-iletisim-hizmetleri-as-tkc-receives-10-00-consensus-target-price-from-brokerages.html.

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.

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.