Wall Street Zen Downgrades Kyivstar Group (NASDAQ:KYIV) to Hold

Kyivstar Group (NASDAQ:KYIV) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Separately, Cantor Fitzgerald restated an “overweight” rating and set a $17.00 price objective on shares of Kyivstar Group in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $17.00.

Kyivstar Group Price Performance

NASDAQ KYIV opened at $13.49 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.40 and a quick ratio of 1.40. Kyivstar Group has a 12 month low of $10.16 and a 12 month high of $16.48.

About Kyivstar Group

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.