Qiwi PLC Receives Average Recommendation of “Buy” from Analysts (NASDAQ:QIWI)
Shares of Qiwi PLC (NASDAQ:QIWI) have earned a consensus rating of “Buy” from the nine brokerages that are presently covering the company, Analyst Ratings News reports. Two equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $53.14.
Shares of Qiwi PLC (NASDAQ:QIWI) opened at 34.91 on Monday. Qiwi PLC has a 52-week low of $26.14 and a 52-week high of $59.24. The stock has a 50-day moving average of $39.28 and a 200-day moving average of $37.48. The company has a market cap of $1.822 billion and a P/E ratio of 27.68.
Qiwi PLC (NASDAQ:QIWI) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.02. The company had revenue of $62.80 million for the quarter, compared to the consensus estimate of $54.37 million. During the same quarter in the prior year, the company posted $10.50 earnings per share. The company’s quarterly revenue was up 21.2% on a year-over-year basis. Analysts expect that Qiwi PLC will post $1.54 EPS for the current fiscal year.
The company also recently declared a dividend, which is scheduled for Tuesday, August 19th. Investors of record on Monday, August 18th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, August 14th.
A number of research firms have recently commented on QIWI. Analysts at Zacks upgraded shares of Qiwi PLC from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 22nd. They now have a $48.60 price target on the stock. Separately, analysts at Susquehanna initiated coverage on shares of Qiwi PLC in a research note on Monday, July 21st. They set a “positive” rating and a $50.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Qiwi PLC from $50.00 to $62.00 in a research note on Tuesday, July 15th. They now have an “overweight” rating on the stock.
QIWI plc. is a provider of payment services in Russia and Commonwealth of Independent States (NASDAQ:QIWI).
Receive News & Ratings for Qiwi PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiwi PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.