Turkcell Iletisim Hizmetleri AS (NYSE:TKC) has received a consensus rating of “Buy” from the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $11.00.

TKC has been the subject of several recent analyst reports. BidaskClub raised shares of Turkcell Iletisim Hizmetleri AS from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Zacks Investment Research downgraded shares of Turkcell Iletisim Hizmetleri AS from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Citigroup Inc. raised shares of Turkcell Iletisim Hizmetleri AS from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, TheStreet raised shares of Turkcell Iletisim Hizmetleri AS from a “c” rating to a “b-” rating in a research report on Wednesday, August 16th.

A number of hedge funds and other institutional investors have recently bought and sold shares of TKC. Paloma Partners Management Co acquired a new stake in Turkcell Iletisim Hizmetleri AS in the 1st quarter valued at $111,000. Ameriprise Financial Inc. grew its position in Turkcell Iletisim Hizmetleri AS by 41.2% in the 1st quarter. Ameriprise Financial Inc. now owns 14,163 shares of the Wireless communications provider’s stock valued at $117,000 after purchasing an additional 4,136 shares during the period. CIBC World Markets Inc. acquired a new stake in Turkcell Iletisim Hizmetleri AS in the 2nd quarter valued at $124,000. HighTower Advisors LLC acquired a new stake in Turkcell Iletisim Hizmetleri AS in the 2nd quarter valued at $132,000. Finally, Fox Run Management L.L.C. grew its position in Turkcell Iletisim Hizmetleri AS by 5.2% in the 2nd quarter. Fox Run Management L.L.C. now owns 18,300 shares of the Wireless communications provider’s stock valued at $150,000 after purchasing an additional 900 shares during the period. 4.78% of the stock is owned by institutional investors and hedge funds.

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Turkcell Iletisim Hizmetleri AS Company Profile

Turkcell Iletisim Hizmetleri AS is engaged in establishing and operating a Global System for Mobile Communications (GSM) network in Turkey and regional states. The Company’s segments include Turkcell Turkey, which includes the operations of Turkcell Superonline, Turkcell Satis ve Dagitim Hizmetleri A.S., group call center operations of Global Bilgi Pazarlama Danisma ve Cagri Servisi Hizmetleri A.S., Turktell Bilisim Servisleri A.S., Kule Hizmet ve Isletmecilik A.S., Turkcell Odeme Hizmetleri A.S.

Analyst Recommendations for Turkcell Iletisim Hizmetleri AS (NYSE:TKC)

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