Qiwi Plc (QIWI) Stock Rating Upgraded by ValuEngine

Qiwi Plc (NASDAQ:QIWI) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, October 21st.

Other analysts have also issued research reports about the stock. VTB Capital upgraded shares of Qiwi Plc from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Zacks Investment Research raised shares of Qiwi Plc from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. BidaskClub cut shares of Qiwi Plc from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, Citigroup Inc. cut shares of Qiwi Plc from a “buy” rating to a “neutral” rating in a report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.67.

Shares of Qiwi Plc (NASDAQ QIWI) traded up $0.23 during trading hours on Friday, hitting $16.84. 76,482 shares of the company’s stock were exchanged, compared to its average volume of 501,186. The firm has a market cap of $760.19, a price-to-earnings ratio of 14.35 and a beta of 3.33. Qiwi Plc has a 1 year low of $11.60 and a 1 year high of $26.55.

COPYRIGHT VIOLATION WARNING: This piece was first posted by BBNS and is the sole property of of BBNS. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/qiwi-plc-qiwi-lifted-to-buy-at-valuengine/1729296.html.

A number of institutional investors have recently bought and sold shares of QIWI. KCG Holdings Inc. bought a new stake in Qiwi Plc during the 1st quarter worth approximately $200,000. Cambridge Investment Research Advisors Inc. bought a new stake in Qiwi Plc during the 2nd quarter worth approximately $201,000. Jane Street Group LLC purchased a new stake in shares of Qiwi Plc in the 1st quarter valued at $221,000. Dynamic Technology Lab Private Ltd bought a new stake in Qiwi Plc during the 3rd quarter valued at $245,000. Finally, Ameriprise Financial Inc. bought a new stake in Qiwi Plc during the 2nd quarter valued at $260,000. 13.90% of the stock is currently owned by institutional investors and hedge funds.

Qiwi Plc Company Profile

QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Qiwi Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiwi Plc and related companies with our FREE daily email newsletter.

 


Latest News

Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Brandon Morrow Becomes Hot Commodity
Brandon Morrow Becomes Hot Commodity
Red Sox Want Sluggers, Giancarlo Stanton May Become Available
Red Sox Want Sluggers, Giancarlo Stanton May Become Available


Leave a Reply

 
© 2006-2017 BBNS.