Shares of Mobil'nye Telesistemy PAO (NYSE:MBT) have received a consensus rating of “Buy” from the six brokerages that are covering the company. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $10.63.
MBT has been the topic of a number of research reports. Morgan Stanley lowered shares of Mobil'nye Telesistemy PAO from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $12.60 to $9.90 in a research report on Thursday, May 4th. Zacks Investment Research lowered shares of Mobil'nye Telesistemy PAO from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 17th. Finally, Standpoint Research lowered shares of Mobil'nye Telesistemy PAO from a “buy” rating to a “hold” rating in a research report on Friday, April 7th.
Mobil'nye Telesistemy PAO (NYSE:MBT) opened at 9.49 on Monday. Mobil'nye Telesistemy PAO has a 12 month low of $7.09 and a 12 month high of $11.59. The company’s 50-day moving average is $10.08 and its 200 day moving average is $9.73. The firm has a market cap of $9.43 billion, a price-to-earnings ratio of 6.04 and a beta of 1.09.
A number of large investors have recently bought and sold shares of MBT. Nuveen Fund Advisors LLC acquired a new stake in Mobil'nye Telesistemy PAO during the third quarter worth $111,000. Quantbot Technologies LP acquired a new stake in Mobil'nye Telesistemy PAO during the first quarter worth $130,000. Princeton Alpha Management LP increased its stake in Mobil'nye Telesistemy PAO by 15.5% in the third quarter. Princeton Alpha Management LP now owns 17,441 shares of the Wireless communications provider’s stock worth $133,000 after buying an additional 2,342 shares in the last quarter. M&T Bank Corp acquired a new stake in Mobil'nye Telesistemy PAO during the first quarter worth $134,000. Finally, BlackRock Japan Co. Ltd increased its stake in Mobil'nye Telesistemy PAO by 1.9% in the third quarter. BlackRock Japan Co. Ltd now owns 18,914 shares of the Wireless communications provider’s stock worth $144,000 after buying an additional 348 shares in the last quarter. Hedge funds and other institutional investors own 30.70% of the company’s stock.
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About Mobil'nye Telesistemy PAO
Mobile TeleSystems Public Joint Stock Company, formerly Mobile TeleSystems Open Joint Stock Company, is a provider of telecommunications services. The Company provides mobile and fixed line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories.
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