Kyivstar Group (NASDAQ:KYIV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Kyivstar Group (NASDAQ:KYIV) from a hold rating to a buy rating in a research report released on Thursday morning.

Separately, Cantor Fitzgerald reiterated an “overweight” rating and set a $17.00 price target on shares of Kyivstar Group in a research report on Wednesday, December 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $17.00.

Kyivstar Group Stock Performance

Kyivstar Group stock opened at $13.27 on Thursday. Kyivstar Group has a 52-week low of $10.16 and a 52-week high of $16.48. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.22. The company has a market cap of $3.06 billion and a price-to-earnings ratio of 40.21.

Hedge Funds Weigh In On Kyivstar Group

An institutional investor recently bought a new position in Kyivstar Group stock. Cantor Fitzgerald L. P. bought a new stake in Kyivstar Group (NASDAQ:KYIV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $250,000.

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.