Turkcell Iletisim Downgraded by Citigroup Inc. to “Neutral” (TKC)
Turkcell Iletisim (NYSE:TKC) was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on TKC. Analysts at UBS AG downgraded shares of Turkcell Iletisim from a “buy” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at HSBC raised their price target on shares of Turkcell Iletisim from $16.80 to $18.50 in a research note to investors on Wednesday, October 9th. They now have an “overweight” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $17.57.
Shares of Turkcell Iletisim (NYSE:TKC) opened at 15.95 on Friday. Turkcell Iletisim has a one year low of $13.01 and a one year high of $17.80. The stock has a 50-day moving average of $14.29 and a 200-day moving average of $15.22. The company has a market cap of $14.036 billion and a price-to-earnings ratio of 11.90.
Turkcell Iletisim (NYSE:TKC) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.40 EPS for the quarter.
Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is a provider of mobile services in Turkey.
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