Merrill Lynch analyst Cesar Tiron maintained a Buy rating on Mobile Telesystems (NYSE:MBT) on Tuesday, setting a price target of $11, which is approximately 23.73% above the present share price of $8.89.
Tiron expects Mobile Telesystems to post earnings per share (EPS) of $15.10 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Mobile Telesystems, with an average price target of $11.2.
The analysts price targets range from a high of $11.2 to a low of $11.2.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $128.54 billion and a net profit of $38.41 billion. The company's market cap is $7.71 billion.
According to TipRanks.com, Merrill Lynch analyst Cesar Tiron is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 16.7% and a 50.00% success rate.
Mobile TeleSystems PJSC engages in the provision of mobile, fixed-line and digital services. It offers wireless Internet access and fixed voice, broadband, and pay-TV. The firm operates through the following segments: Russia Convergent, Moscow Fixed Line, Ukraine and Other. The Russia Convergent segment represents the results of mobile and fixed line operations, which encompasses services rendered to customers across regions of Russia, including voice and data services, transmission, broadband, pay-TV and various value-added services and retail operations. The Moscow Fixed Line segment covers the results of fixed line operations carried out in Moscow by the Group's subsidiary. The Ukraine segment includes mobile and fixed line operations carried out across multiple regions of Ukraine. The company was founded in October 1993 and is headquartered in Moscow, Russia.