BidaskClub downgraded shares of QIWI PLC (NASDAQ:QIWI) from a buy rating to a hold rating in a research note published on Monday.
Several other equities analysts have also recently commented on the stock. ValuEngine raised shares of QIWI PLC from a hold rating to a buy rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of QIWI PLC from a hold rating to a buy rating and set a $19.00 target price on the stock in a research note on Tuesday, March 28th. TheStreet raised shares of QIWI PLC from a d+ rating to a c- rating in a research note on Wednesday, April 12th. VTB Capital cut shares of QIWI PLC from a buy rating to a hold rating and set a $27.00 target price on the stock. in a research note on Monday, June 19th. Finally, Credit Suisse Group began coverage on shares of QIWI PLC in a research note on Friday, April 7th. They set a neutral rating and a $18.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. QIWI PLC presently has a consensus rating of Hold and an average price target of $23.25.
Shares of QIWI PLC (QIWI) opened at 20.37 on Monday. QIWI PLC has a 12-month low of $11.26 and a 12-month high of $26.55.
QIWI PLC (NASDAQ:QIWI) last released its quarterly earnings data on Wednesday, May 17th. The credit services provider reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.13. QIWI PLC had a net margin of 14.27% and a return on equity of 23.38%. The business had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter last year, the company earned $20.41 EPS. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, analysts anticipate that QIWI PLC will post $1.21 EPS for the current year.
Several institutional investors have recently bought and sold shares of QIWI. Advisors Preferred LLC acquired a new position in QIWI PLC during the first quarter valued at $143,000. KCG Holdings Inc. acquired a new position in QIWI PLC during the first quarter valued at $200,000. Quantbot Technologies LP raised its position in QIWI PLC by 141.4% in the first quarter. Quantbot Technologies LP now owns 11,982 shares of the credit services provider’s stock valued at $205,000 after buying an additional 7,018 shares during the period. Jane Street Group LLC acquired a new position in QIWI PLC during the first quarter valued at $221,000. Finally, Stevens Capital Management LP acquired a new position in QIWI PLC during the first quarter valued at $281,000. Institutional investors own 14.75% of the company’s stock.
QIWI PLC Company Profile
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
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