Mobil'nye Telesistemy PAO (ADR) (MBT) is Upgraded by Citigroup to Buy

Mobil'nye Telesistemy PAO (ADR) (MBT) was Upgraded by Citigroup to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Citigroup advised their investors in a research report released on Nov 21, 2016.

Many Wall Street Analysts have commented on Mobil'nye Telesistemy PAO (ADR). Mobil'nye Telesistemy PAO (ADR) was Upgraded by Citigroup to ” Buy” on Nov 21, 2016. Mobil'nye Telesistemy PAO (ADR) was Downgraded by HSBC Securities to ” Hold” on Sep 1, 2016.

Mobil'nye Telesistemy PAO (ADR) opened for trading at $7.22 and hit $7.29 on the upside on Monday, eventually ending the session at $7.22, with a gain of 1.12% or 0.08 points. The heightened volatility saw the trading volume jump to 31,63,575 shares. Company has a market cap of $7,460 M.

Mobil’nye Telesystemy PAO (MTS PAO or Mobile TeleSystems PJSC) formerly Mobil’nye 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.

Mobil'nye Telesistemy PAO (ADR)

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