Brokerage Firm Rating on Mobile TeleSystems OJSC (MBT)

Mobile TeleSystems OJSC (MBT) : 3 brokerage houses believe that Mobile TeleSystems OJSC (MBT) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Mobile TeleSystems OJSC (MBT). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 1.93.

Mobile TeleSystems OJSC (MBT) stock is expected to deviate a maximum of $0.94 from the average target price of $9 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $10 and the most muted being $8.


Company shares have received an average consensus rating of Hold for the current week Mobile TeleSystems OJSC (NYSE:MBT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.21 and $9.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.21, notching a gain of 1.21% for the day. The total traded volume was 1,760,135 . The stock had closed at $9.10 on the previous day.

Mobilnye Telesystemy PAO (MTS PAO or Mobile TeleSystems PJSC), formerly Mobilnye Telesystemy OAO, is a Russia-based company engaged in the telecommunication industry. The Company provides a range of mobile and fixed line voice and data telecommunications services, including transmission, broadband, pay-television (TV) and various value-added services, as well as selling equipment and accessories. The Company provides its services domestically, as well as abroad, including Ukraine, Uzbekistan, Armenia, Turkmenistan and Belarus. MTS PAO operates through numerous branches located domestically and in Belarus, as well as several subsidiaries.

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