Finally Time To Raise Your Stake? Nomura Upgrades Royal KPN (KKPNY) Shares


Royal KPN (KKPNY) Stock Upgrade

Nomura boosted shares of Royal KPN (KKPNY) to a solid Buy rating from the previous Neutral. The change in rating was made public in an analyst research report today.

From a total of 1 analysts covering Royal KPN (KKPNY) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. Royal KPN was the topic of 2 analyst reports since October 13, 2015 according to the firm StockzIntelligence Inc. HSBC upgraded shares on November 12 to “Buy” rating.

Approximately 7,583 shares of stock traded hands. Koninklijke KPN N.V. (ADR) (KKPNY) has risen 5.75% since April 28, 2015 and is uptrending. It has outperformed by 7.38% the S&P500.

 Finally Time To Raise Your Stake? Nomura Upgrades Royal KPN (KKPNY) Shares

Koninklijke KPN NV is an integrated information and communications technology (ICT) service provider. The company has a market cap of $16.23 billion. The Firm operates in divisions: Consumer Mobile, Consumer Residential, Business, NetCo, Belgium,and iBasis. It currently has negative earnings. The Firm offers clients data broadband services, IPTV services, mobile (voice, data and SMS) and fixed line telephony.

According to Zacks Investment Research, “Royal PTT Nederland NV (KPN) is an international service provider in the fields of post, telecommunications, cable and multimedia. Activities in these fields are carried out by the group’s two major group companies, PTT Post BV and PTT Telecom BV. KPN also has a number of smaller group companies and several support units which work for the entire group. KPN offers business and private customers a complete range of high-quality products and services concentrating on the national and international transport of information, goods and valuable items.” Get a free copy of the Zacks research report on Koninklijke KPN N.V. (ADR) (KKPNY)