Kyivstar Group (NASDAQ:KYIV) Now Covered by Benchmark

Benchmark assumed coverage on shares of Kyivstar Group (NASDAQ:KYIV) in a research report sent to investors on Friday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $20.00 price target on the stock.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings initiated coverage on Kyivstar Group in a research note on Tuesday, March 17th. They set a “hold (c)” rating on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $17.00 price target on shares of Kyivstar Group in a research report on Wednesday, December 24th. Finally, Wall Street Zen upgraded shares of Kyivstar Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 21st. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Kyivstar Group has a consensus rating of “Moderate Buy” and an average price target of $18.50.

Kyivstar Group Stock Down 1.6%

Shares of Kyivstar Group stock opened at $10.05 on Friday. Kyivstar Group has a 12 month low of $9.99 and a 12 month high of $16.48. The company has a current ratio of 1.39, a quick ratio of 1.38 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $2.32 billion and a PE ratio of 14.36. The stock has a fifty day simple moving average of $11.78.

Kyivstar Group (NASDAQ:KYIV) last posted its quarterly earnings results on Friday, March 13th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. The business had revenue of $321.00 million for the quarter, compared to analyst estimates of $302.65 million.

Institutional Trading of Kyivstar Group

A number of institutional investors have recently bought and sold shares of KYIV. Caitong International Asset Management Co. Ltd purchased a new position in Kyivstar Group in the fourth quarter valued at about $54,000. Quadrature Capital Ltd acquired a new position in Kyivstar Group in the 4th quarter worth about $133,000. Goldman Sachs Group Inc. purchased a new stake in shares of Kyivstar Group during the 4th quarter worth about $249,000. Cantor Fitzgerald L. P. acquired a new stake in shares of Kyivstar Group during the 3rd quarter valued at about $250,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Kyivstar Group during the 4th quarter valued at about $279,000.

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.