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Stock analysts at Barclays boosted their target price on shares of Mobile TeleSystems OJSC (NYSE:MBT) from $20.20 to $20.50 in a report issued on Tuesday. Barclays’ price objective would suggest a potential upside of 6.49% from the stock’s previous close.

A number of other firms have also recently commented on MBT. Analysts at Standpoint Research downgraded shares of Mobile TeleSystems OJSC from a “buy” rating to a “hold” rating in a research note on Friday, June 27th. Separately, analysts at Citigroup Inc. downgraded shares of Mobile TeleSystems OJSC from a “buy” rating to a “neutral” rating in a research note on Thursday, June 12th. Finally, analysts at TheStreet upgraded shares of Mobile TeleSystems OJSC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 3rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Mobile TeleSystems OJSC has a consensus rating of “Buy” and an average price target of $20.33.

Shares of Mobile TeleSystems OJSC (NYSE:MBT) traded down 0.21% on Tuesday, hitting $19.21. 338,840 shares of the company’s stock traded hands. Mobile TeleSystems OJSC has a 52 week low of $15.06 and a 52 week high of $24.06. The stock has a 50-day moving average of $19.24 and a 200-day moving average of $18.04. The company has a market cap of $19.104 billion and a price-to-earnings ratio of 7.43.

Mobile TeleSystems OJSC (NYSE:MBT) last released its earnings data on Wednesday, May 28th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.46 by $0.08. On average, analysts predict that Mobile TeleSystems OJSC will post $63.88 earnings per share for the current fiscal year.

Mobil’nye TeleSistemy OAO (NYSE:MBT) is a Russia-based company engaged in the telecommunication industry.

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