Mobile TeleSystems OJSC Rating Lowered to Neutral at Goldman Sachs (MBT)
Shares of Mobile TeleSystems OJSC (NYSE:MBT) traded up 1.05% on Thursday, hitting $19.20. The stock had a trading volume of 496,569 shares. Mobile TeleSystems OJSC has a 52-week low of $15.06 and a 52-week high of $24.06. The stock’s 50-day moving average is $18.56 and its 200-day moving average is $17.81. The company has a market cap of $19.094 billion and a P/E ratio of 7.34.
Mobile TeleSystems OJSC (NYSE:MBT) last issued its quarterly earnings data on Thursday, August 21st. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.07. Analysts expect that Mobile TeleSystems OJSC will post $64.55 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays cut their price target on shares of Mobile TeleSystems OJSC from $20.50 to $20.20 in a research note on Thursday. Finally, 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. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Mobile TeleSystems OJSC presently has a consensus rating of “Hold” and an average price target of $20.23.
Mobil’nye TeleSistemy OAO (NYSE:MBT) is a Russia-based company engaged in the telecommunication industry.
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