Credit Suisse Initiates Coverage on Mobil'nye Telesistemy PAO (ADR) to Outperform

Credit Suisse Initiates Coverage on Mobil'nye Telesistemy PAO (ADR)(NYSE:MBT). The shares have been rated Outperform. The rating by Credit Suisse was issued on Jun 20, 2016.

In a different note, On Mar 24, 2016, HSBC said it Downgrades its rating on Mobil'nye Telesistemy PAO (ADR). The shares have been rated ‘Hold’ by the firm. On Mar 24, 2016, Deutsche Bank said it Downgrades its rating on Mobil'nye Telesistemy PAO (ADR). The shares have been rated ‘Hold’ by the firm.

Mobil'nye Telesistemy PAO (ADR) (MBT) shares turned negative on Fridays trading session with the shares closing down -0.59 points or -6.92% at a volume of 45,42,841. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $8.22. The peak price level was also seen at $8.22 while the days lowest was $7.91. Finally the shares closed at $7.94. The 52-week high of the shares is $10.1501 while the 52-week low is $5.145. According to the latest information available, the market cap of the company is $7,896 M.

Mobil'nye Telesistemy PAO (ADR)(MBT) last announced its earnings results on May 19, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.62B. Analysts had an estimated revenue of $106.38B. Earnings per share were $0.11. Analysts had estimated an EPS of $10.95.

Mobil’nye Telesystemy PAO (MTS PAO or Mobile TeleSystems PJSC) formerly Mobil’nye Telesystemy OAO is a Russia-based company engaged in the telecommunication industry. The Company provides a range of mobile and fixed line voice and data telecommunications services including transmission broadband pay-television (TV) and various value-added services as well as selling equipment and accessories. The Company provides its services domestically as well as abroad including Ukraine Uzbekistan Armenia Turkmenistan and Belarus. MTS PAO operates through numerous branches located domestically and in Belarus as well as several subsidiaries.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Mobil'nye Telesistemy PAO (ADR) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Mobil'nye Telesistemy PAO (ADR). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.