Qiwi Plc (NASDAQ:QIWI) has been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $20.50.
Several research analysts have recently issued reports on QIWI shares. Zacks Investment Research downgraded shares of Qiwi Plc from a “strong-buy” rating to a “sell” rating in a report on Wednesday, July 19th. BidaskClub downgraded shares of Qiwi Plc from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. VTB Capital upgraded shares of Qiwi Plc from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Citigroup Inc. downgraded shares of Qiwi Plc from a “buy” rating to a “neutral” rating in a report on Wednesday, July 26th. Finally, ValuEngine upgraded shares of Qiwi Plc from a “buy” rating to a “strong-buy” rating in a report on Friday, July 28th.
TRADEMARK VIOLATION NOTICE: “Qiwi Plc (QIWI) Receives Consensus Recommendation of “Hold” from Analysts” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2017/10/28/qiwi-plc-qiwi-receives-consensus-recommendation-of-hold-from-analysts.html.
Qiwi Plc (NASDAQ QIWI) opened at 17.31 on Thursday. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 12.04 and a beta of 3.35. Qiwi Plc has a 12 month low of $11.60 and a 12 month high of $26.55. The firm has a 50-day moving average price of $16.96 and a 200-day moving average price of $19.60.
Several large investors have recently made changes to their positions in QIWI. Acadian Asset Management LLC acquired a new stake in Qiwi Plc in the second quarter valued at $9,939,000. Victory Capital Management Inc. acquired a new stake in Qiwi Plc in the second quarter valued at $3,385,000. DekaBank Deutsche Girozentrale acquired a new stake in Qiwi Plc in the second quarter valued at $3,253,000. Cowen Inc. acquired a new stake in Qiwi Plc in the second quarter valued at $2,702,000. Finally, Russell Investments Group Ltd. acquired a new stake in Qiwi Plc in the second quarter valued at $1,783,000. Institutional investors own 14.64% of the company’s stock.
Qiwi Plc Company Profile
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
Receive News & Ratings for Qiwi Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiwi Plc and related companies with MarketBeat.com's FREE daily email newsletter.