BNP Paribas Upgrades Koninklijke KPN (OTCMKTS:KKPNY) to Outperform

Koninklijke KPN (OTCMKTS:KKPNY) was upgraded by research analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, Stock Target Advisor reports.

KKPNY has been the topic of several other research reports. Credit Suisse Group reiterated an “outperform” rating on shares of Koninklijke KPN in a research report on Thursday, May 6th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Koninklijke KPN in a research report on Thursday, May 20th. Berenberg Bank reiterated a “buy” rating on shares of Koninklijke KPN in a research report on Wednesday, May 19th. Exane BNP Paribas upgraded shares of Koninklijke KPN from a “neutral” rating to an “outperform” rating in a research report on Wednesday. Finally, UBS Group reiterated a “buy” rating on shares of Koninklijke KPN in a research report on Thursday, April 1st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy”.

Koninklijke KPN stock opened at $3.28 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.71 and a debt-to-equity ratio of 2.22. Koninklijke KPN has a 1 year low of $2.36 and a 1 year high of $3.57. The firm’s 50 day moving average is $3.39.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. The company operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. It offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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Analyst Recommendations for Koninklijke KPN (OTCMKTS:KKPNY)

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