Were Analysts Bullish Qiwi plc (NASDAQ:QIWI) This Week?

June 20, 2018 - By Ellis Scott

Qiwi plc (NASDAQ:QIWI) Logo

Qiwi plc (NASDAQ:QIWI) Ratings Coverage

Among 2 analysts covering QIWI (NASDAQ:QIWI), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. QIWI had 2 analyst reports since April 5, 2018 according to SRatingsIntel. The stock has “Sell” rating by Credit Suisse on Monday, May 28. UBS upgraded the shares of QIWI in report on Thursday, April 5 to “Buy” rating. Below is a list of Qiwi plc (NASDAQ:QIWI) latest ratings and price target changes.

28/05/2018 Broker: Credit Suisse Rating: Sell New Target: $14.0000 Downgrade
05/04/2018 Broker: UBS Old Rating: Neutral New Rating: Buy Upgrade

The stock decreased 0.25% or $0.04 during the last trading session, reaching $15.85. About 57,662 shares traded. Qiwi plc (NASDAQ:QIWI) has declined 24.22% since June 20, 2017 and is downtrending. It has underperformed by 36.79% the S&P500.

Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally. The company has market cap of $966.65 million. The firm provides payment services across physical, online, and mobile channels through a network of approximately 113,000 kiosks and 49,000 terminals that run its proprietary software. It has a 9.65 P/E ratio. It also provides Visa Qiwi Wallet and Qiwi Wallet, which are online and mobile payment processing, and money transfer systems that allow accountholders to pay for the services and products of merchants, as well as perform peer-to-peer money transfers through a virtual wallet in the online and mobile environment; and Visa-branded prepaid cards.

More notable recent Qiwi plc (NASDAQ:QIWI) news were published by: Seekingalpha.com which released: “QIWI Is 42% Overvalued” on May 22, 2018, also Nasdaq.com with their article: “QIWI Receives a “BB-” Credit Rating from S&P Global” published on June 20, 2018, Nasdaq.com published: “Revolut Starts Offering Its Services in Russia in Partnership with QIWI” on June 05, 2018. More interesting news about Qiwi plc (NASDAQ:QIWI) were released by: Globenewswire.com and their article: “Investor Expectations to Drive Momentum within Oxford Immunotec Global, Financial Engines, Brookfield Property …” published on June 05, 2018 as well as Seekingalpha.com‘s news article titled: “Qiwi boosts 2018 adjusted revenue growth forecast on Tochka joint venture” with publication date: June 07, 2018.

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