Kyivstar Group (NASDAQ:KYIV) Given Consensus Rating of “Moderate Buy” by Brokerages

Kyivstar Group (NASDAQ:KYIV) has received a consensus rating of “Moderate Buy” from the five brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $16.6250.

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Kyivstar Group from a “hold” rating to a “buy” rating in a report on Monday, June 15th. Benchmark restated a “buy” rating on shares of Kyivstar Group in a report on Tuesday, August 4th. Morgan Stanley assumed coverage on shares of Kyivstar Group in a research note on Friday, June 5th. They issued an “equal weight” rating and a $17.00 target price for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kyivstar Group in a research report on Wednesday, August 5th.

Kyivstar Group Price Performance

Shares of KYIV stock opened at $13.28 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.26 and a quick ratio of 1.25. The company has a market capitalization of $3.07 billion and a P/E ratio of 20.12. The company’s 50-day simple moving average is $13.67 and its two-hundred day simple moving average is $13.08. Kyivstar Group has a one year low of $9.29 and a one year high of $16.55.

Kyivstar Group (NASDAQ:KYIV) last released its quarterly earnings data on Friday, July 31st. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). Kyivstar Group had a return on equity of 24.71% and a net margin of 12.73%.The business had revenue of $334.66 million during the quarter. As a group, equities analysts anticipate that Kyivstar Group will post 1.42 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. UBS Group AG grew its position in Kyivstar Group by 27.9% during the 4th quarter. UBS Group AG now owns 751,322 shares of the company’s stock worth $9,752,000 after purchasing an additional 164,113 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Kyivstar Group in the 1st quarter valued at about $820,000. Yorkville Advisors Global LP acquired a new position in shares of Kyivstar Group in the 1st quarter valued at about $551,000. Maven Securities LTD purchased a new stake in shares of Kyivstar Group in the fourth quarter worth about $607,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in Kyivstar Group during the fourth quarter worth about $312,000.

About Kyivstar Group

Kyivstar Group Ltd. is a telecommunications and digital services company whose principal operating business is Kyivstar, one of Ukraine’s leading communications providers. The company offers mobile voice and data services, fixed-line broadband, internet connectivity and related digital communications products for consumers, businesses and public-sector organizations.

Kyivstar also provides enterprise solutions, including connectivity, cloud and digital services, cybersecurity-related offerings and communications tools designed to support businesses.