Mobil'nye Telesistemy PAO’s (MBT) Buy Rating Reiterated at Gabelli

Mobil'nye Telesistemy PAO (NYSE:MBT)‘s stock had its “buy” rating reissued by research analysts at Gabelli in a report issued on Friday. Gabelli also issued estimates for Mobil'nye Telesistemy PAO’s FY2021 earnings at $1.30 EPS.

Other analysts also recently issued research reports about the stock. ValuEngine upgraded shares of Mobil'nye Telesistemy PAO from a “buy” rating to a “strong-buy” rating in a report on Tuesday, February 13th. Deutsche Bank downgraded shares of Mobil'nye Telesistemy PAO from a “buy” rating to a “hold” rating and set a $11.00 price objective for the company. in a report on Wednesday, December 6th. Zacks Investment Research cut shares of Mobil'nye Telesistemy PAO from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 26th. Bank of America raised shares of Mobil'nye Telesistemy PAO from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 3rd. Finally, TheStreet raised shares of Mobil'nye Telesistemy PAO from a “c” rating to a “b-” rating in a research note on Friday, November 17th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $11.10.

Shares of Mobil'nye Telesistemy PAO (MBT) opened at $11.97 on Friday. The company has a market cap of $12,108.60, a PE ratio of 12.21, a price-to-earnings-growth ratio of 0.96 and a beta of 1.07. The company has a quick ratio of 0.86, a current ratio of 0.93 and a debt-to-equity ratio of 1.89. Mobil'nye Telesistemy PAO has a 1-year low of $7.76 and a 1-year high of $12.30.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Mobil'nye Telesistemy PAO by 6.1% in the 4th quarter. BlackRock Inc. now owns 31,002,339 shares of the Wireless communications provider’s stock valued at $315,915,000 after buying an additional 1,769,814 shares during the period. Vanguard Group Inc. grew its stake in shares of Mobil'nye Telesistemy PAO by 5.8% in the 2nd quarter. Vanguard Group Inc. now owns 16,872,024 shares of the Wireless communications provider’s stock valued at $141,388,000 after buying an additional 918,218 shares during the period. Renaissance Technologies LLC grew its stake in shares of Mobil'nye Telesistemy PAO by 18.9% in the 4th quarter. Renaissance Technologies LLC now owns 16,858,600 shares of the Wireless communications provider’s stock valued at $171,789,000 after buying an additional 2,674,500 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Mobil'nye Telesistemy PAO by 19.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,438,681 shares of the Wireless communications provider’s stock worth $99,861,000 after purchasing an additional 1,554,205 shares during the period. Finally, State Street Corp boosted its position in shares of Mobil'nye Telesistemy PAO by 21.6% during the 2nd quarter. State Street Corp now owns 9,127,385 shares of the Wireless communications provider’s stock worth $76,488,000 after purchasing an additional 1,622,200 shares during the period. 31.84% of the stock is owned by institutional investors and hedge funds.

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About Mobil'nye Telesistemy PAO

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.

Analyst Recommendations for Mobil'nye Telesistemy PAO (NYSE:MBT)

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