MTS (MBT) – Research Analysts’ Recent Ratings Updates

MTS (NYSE: MBT) has recently received a number of price target changes and ratings updates:

  • 4/9/2018 – MTS was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 4/5/2018 – MTS was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “MOBILE TELE-ADR mission is to build a integrated mobile communications world, which will bring people together, enrich their lives and open up new horizons, both at work and at home. They will do this by Anticipating on and understanding of our customers’ needs, employing experienced, qualified and highly motivated personnel, introducing new technologies, and enhancing our company’s development. “
  • 4/2/2018 – MTS was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating.
  • 3/23/2018 – MTS was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MOBILE TELE-ADR mission is to build a integrated mobile communications world, which will bring people together, enrich their lives and open up new horizons, both at work and at home. They will do this by Anticipating on and understanding of our customers’ needs, employing experienced, qualified and highly motivated personnel, introducing new technologies, and enhancing our company’s development. “
  • 3/20/2018 – MTS was downgraded by analysts at VTB Capital from a “buy” rating to a “hold” rating.
  • 3/8/2018 – MTS was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “MOBILE TELE-ADR mission is to build a integrated mobile communications world, which will bring people together, enrich their lives and open up new horizons, both at work and at home. They will do this by Anticipating on and understanding of our customers’ needs, employing experienced, qualified and highly motivated personnel, introducing new technologies, and enhancing our company’s development. “
  • 3/7/2018 – MTS was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MOBILE TELE-ADR mission is to build a integrated mobile communications world, which will bring people together, enrich their lives and open up new horizons, both at work and at home. They will do this by Anticipating on and understanding of our customers’ needs, employing experienced, qualified and highly motivated personnel, introducing new technologies, and enhancing our company’s development. “
  • 2/16/2018 – MTS had its “buy” rating reaffirmed by analysts at Gabelli.
  • 2/13/2018 – MTS was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.

Shares of NYSE MBT opened at $9.89 on Thursday. The company has a market capitalization of $9,571.47, a P/E ratio of 10.09, a price-to-earnings-growth ratio of 0.50 and a beta of 1.06. MTS has a 1 year low of $7.76 and a 1 year high of $12.80. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.93 and a quick ratio of 0.87.

A number of large investors have recently added to or reduced their stakes in the business. Asset Management One Co. Ltd. increased its position in MTS by 5.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 104,132 shares of the Wireless communications provider’s stock valued at $1,094,000 after purchasing an additional 5,000 shares during the period. Neuberger Berman Group LLC increased its position in MTS by 0.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 761,996 shares of the Wireless communications provider’s stock valued at $7,955,000 after purchasing an additional 5,351 shares during the period. Eqis Capital Management Inc. acquired a new stake in MTS during the 4th quarter valued at approximately $104,000. Visionary Asset Management Inc. acquired a new stake in MTS during the 3rd quarter valued at approximately $115,000. Finally, Atria Investments LLC acquired a new stake in MTS during the 4th quarter valued at approximately $118,000. 31.40% of the stock is owned by institutional investors and hedge funds.

Public Joint-Stock Company Mobile TeleSystems provides telecommunication services in Russia, Ukraine, Turkmenistan, and Armenia. The company operates through three segments: Russia Convergent, Moscow Fixed Line, and Ukraine. It offers voice and data transmission, Internet access, pay TV, and various value added services through wireless and fixed lines, as well as sells equipment, accessories, and handsets.

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