Mobile TeleSystems OJSC (MBT) Given Average Recommendation of “Buy” by Analysts
Mobile TeleSystems OJSC (NYSE:MBT) has been assigned an average rating of “Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $10.47.
Several research firms recently issued reports on MBT. Deutsche Bank cut Mobile TeleSystems OJSC from a “buy” rating to a “hold” rating and set a $11.00 price objective on the stock. in a report on Wednesday. TheStreet upgraded Mobile TeleSystems OJSC from a “c” rating to a “b-” rating in a report on Friday, November 17th. Zacks Investment Research cut Mobile TeleSystems OJSC from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 26th. ValuEngine upgraded Mobile TeleSystems OJSC from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Finally, BidaskClub upgraded Mobile TeleSystems OJSC from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd.
Mobile TeleSystems OJSC (NYSE:MBT) traded down $0.10 during mid-day trading on Thursday, reaching $9.47. The company had a trading volume of 5,475,500 shares, compared to its average volume of 2,998,482. The company has a current ratio of 0.93, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. Mobile TeleSystems OJSC has a 12 month low of $7.76 and a 12 month high of $11.59. The firm has a market cap of $9,521.72, a PE ratio of 9.77, a price-to-earnings-growth ratio of 0.90 and a beta of 0.94.
Mobile TeleSystems OJSC Company Profile
Mobil’nye Telesistemy PAO is a Russia-based provider of telecommunications services. The Company provides mobile and fixed-line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories.
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