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 Saturday, ValuEngine reports.

A number of other equities analysts have also weighed in on MBT. Goldman Sachs Group upgraded Mobil’nye Telesistemy PAO from a neutral rating to a buy rating in a research note on Friday, March 20th. BCS lowered Mobil’nye Telesistemy PAO from a buy rating to a hold rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. reduced their price objective on Mobil’nye Telesistemy PAO from $12.00 to $11.00 and set an overweight rating for the company in a research note on Wednesday, March 11th. Finally, Zacks Investment Research lowered Mobil’nye Telesistemy PAO from a buy rating to a hold rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $10.50.

Shares of MBT stock opened at $9.19 on Friday. The firm has a market capitalization of $8.41 billion, a price-to-earnings ratio of 9.78, a price-to-earnings-growth ratio of 1.09 and a beta of 1.06. The company has a debt-to-equity ratio of 9.21, a current ratio of 0.93 and a quick ratio of 0.88. The business has a fifty day moving average of $9.12 and a 200 day moving average of $9.25. Mobil’nye Telesistemy PAO has a 1 year low of $6.20 and a 1 year high of $11.00.

Mobil’nye Telesistemy PAO (NYSE:MBT) last issued its earnings results on Monday, June 1st. The Wireless communications provider reported $9.99 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $13.20 by ($3.21). The firm had revenue of $1.80 billion during the quarter. Mobil’nye Telesistemy PAO had a return on equity of 128.57% and a net margin of 10.70%. As a group, equities research analysts expect that Mobil’nye Telesistemy PAO will post 0.93 earnings per share for the current year.

Several institutional investors have recently made changes to their positions in the stock. Victory Capital Management Inc. increased its stake in shares of Mobil’nye Telesistemy PAO by 2.2% in the 4th quarter. Victory Capital Management Inc. now owns 45,351 shares of the Wireless communications provider’s stock valued at $460,000 after purchasing an additional 961 shares in the last quarter. Bank of Montreal Can boosted its holdings in Mobil’nye Telesistemy PAO by 10.8% in the 4th quarter. Bank of Montreal Can now owns 16,402 shares of the Wireless communications provider’s stock worth $167,000 after buying an additional 1,600 shares during the last quarter. US Bancorp DE boosted its holdings in Mobil’nye Telesistemy PAO by 157.2% in the 4th quarter. US Bancorp DE now owns 3,143 shares of the Wireless communications provider’s stock worth $31,000 after buying an additional 1,921 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in Mobil’nye Telesistemy PAO by 0.7% in the 4th quarter. Guggenheim Capital LLC now owns 320,486 shares of the Wireless communications provider’s stock worth $3,253,000 after buying an additional 2,206 shares during the last quarter. Finally, Natixis Advisors L.P. boosted its holdings in Mobil’nye Telesistemy PAO by 3.5% in the 4th quarter. Natixis Advisors L.P. now owns 69,304 shares of the Wireless communications provider’s stock worth $703,000 after buying an additional 2,356 shares during the last quarter. Hedge funds and other institutional investors own 32.05% 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.

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