Koninklijke KPN Receives New Coverage from Analysts at Bank of America Corp. (KKPNY)
Equities researchers at Bank of America Corp. started coverage on shares of Koninklijke KPN (NASDAQ:KKPNY) in a research report issued on Thursday, AnalystRatings.NET reports. The firm set a “neutral” rating on the stock.
Koninklijke KPN (NASDAQ:KKPNY) opened at 2.91 on Thursday. Koninklijke KPN has a 52-week low of $1.91 and a 52-week high of $7.75. The stock has a 50-day moving average of $3.0 and a 200-day moving average of $2.95. The company has a market cap of $15.569 billion and a price-to-earnings ratio of 12.93.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura upgraded shares of Koninklijke KPN from a “reduce” rating to a “neutral” rating in a research note to investors on Thursday, August 22nd. Separately, analysts at Natixis downgraded shares of Koninklijke KPN from a “neutral” rating to a “reduce” rating in a research note to investors on Monday, August 12th. Finally, analysts at UBS AG upgraded shares of Koninklijke KPN from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Koninklijke KPN currently has an average rating of “Hold”.
Koninklijke KPN NV (NASDAQ:KKPNY) is a Netherlands-based telecommunications and information and communication technology (ICT) service provider.
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