VimpelCom Ltd (ADR) (NASDAQ:VIP) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: December 1, 2016
Zacks Investment Research has upgraded VimpelCom Ltd (ADR) (NASDAQ:VIP) to Hold in a statement released on 12/1/2016.
Boasting a price of $3.36, VimpelCom Ltd (ADR) (NASDAQ:VIP) traded 1.49% higher on the day. With the last stock price close down -8.78% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. VimpelCom Ltd (ADR) has recorded a 50-day average of $3.30 and a two hundred day average of $3.74. Volume of trade was down over the average, with 993,292 shares of VIP changing hands under the typical 5,319,820
With a total market value of $0, VimpelCom Ltd (ADR) has with a one year low of $2.71 and a one year high of $4.51 .
A total of 13 equity analysts have released a ratings update on VIP. Four equity analysts rating the company a strong buy, five equity analysts rating the company a buy, three equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $5.24.
Brief Synopsis About VimpelCom Ltd (ADR) (NASDAQ:VIP)
VimpelCom Ltd. is an international communications and technology company. The Company provides voice and data services through a range of traditional and broadband mobile and fixed-line technologies and operates in Russia, Algeria, Pakistan, Bangladesh, Ukraine, Kazakhstan, Uzbekistan, Kyrgyzstan, Armenia, Tajikistan, Georgia, Laos, Zimbabwe and Italy. It provides services under the Beeline, Kyivstar, banglalink, Mobilink, Djezzy and WIND brands. It is the holding company for various operating subsidiaries and holding companies in various jurisdictions. It operates through eight segments: Russia; Algeria; Pakistan; Bangladesh; Ukraine; Kazakhstan; Uzbekistan, and HQ and Others, which includes its operations in Kyrgyzstan, Armenia, Tajikistan, Georgia and Laos, as well as certain internal adjustments. Its Value added services include messaging services, content/infotainment services, data access services, location based services, media, and content delivery channels.
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