Goldman Sachs Group upgraded shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) from a neutral rating to a buy rating in a research report sent to investors on Thursday morning, MarketBeat Ratings reports.
Separately, Zacks Investment Research raised shares of Turkcell Iletisim Hizmetleri A.S. from a sell rating to a hold rating in a report on Friday, January 5th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. Turkcell Iletisim Hizmetleri A.S. currently has an average rating of Buy and a consensus price target of $10.00.
Shares of Turkcell Iletisim Hizmetleri A.S. (TKC) traded down $0.08 during trading hours on Thursday, hitting $9.88. 114,555 shares of the stock traded hands, compared to its average volume of 387,811. The stock has a market capitalization of $8,800.00, a P/E ratio of 14.65 and a beta of 1.01. The company has a current ratio of 1.62, a quick ratio of 1.61 and a debt-to-equity ratio of 0.53. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $7.40 and a 1-year high of $11.29.
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About Turkcell Iletisim Hizmetleri A.S.
Turkcell Iletisim Hizmetleri AS is engaged in establishing and operating a Global System for Mobile Communications (GSM) network in Turkey and regional states. The Company’s segments include Turkcell Turkey, which includes the operations of Turkcell Superonline, Turkcell Satis ve Dagitim Hizmetleri A.S., group call center operations of Global Bilgi Pazarlama Danisma ve Cagri Servisi Hizmetleri A.S., Turktell Bilisim Servisleri A.S., Kule Hizmet ve Isletmecilik A.S., Turkcell Odeme Hizmetleri A.S.
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