Qiwi PLC Hits New 52-Week High at $44.44 (QIWI)
Shares of Qiwi PLC (NASDAQ:QIWI) hit a new 52-week high on Thursday, Analyst Ratings Network.com reports. The company traded as high as $44.44 and last traded at $43.76, with a volume of 486,262 shares trading hands. The stock had previously closed at $40.95.
A number of analysts have recently weighed in on QIWI shares. Analysts at Renaissance Capital raised their price target on shares of Qiwi PLC from $35.60 to $48.50 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Zacks reiterated a “buy” rating on shares of Qiwi PLC in a research note to investors on Tuesday, October 8th. They now have a $35.50 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Qiwi PLC from $36.00 to $46.00 in a research note to investors on Tuesday, October 8th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $37.00.
Qiwi PLC has a 52 week low of $14.51 and a 52 week high of $41.74. The stock has a 50-day moving average of $34.27 and a 200-day moving average of $26.69. The company has a market cap of $2.308 billion and a P/E ratio of 43.52.
Qiwi PLC (NASDAQ:QIWI) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.10. The company had revenue of $47.70 million for the quarter, compared to the consensus estimate of $39.33 million. Qiwi PLC’s revenue was up 61.8% compared to the same quarter last year. Analysts expect that Qiwi PLC will post $1.16 EPS for the current fiscal year.
QIWI plc. is a provider of payment services in Russia and Commonwealth of Independent States (NASDAQ:QIWI).
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