Koninklijke KPN (OTCMKTS:KKPNY) Receives Average Rating of “Buy” from Analysts

Shares of Koninklijke KPN (OTCMKTS:KKPNY) have been assigned an average recommendation of “Buy” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company.

Several brokerages have commented on KKPNY. Morgan Stanley reiterated an “equal weight” rating on shares of Koninklijke KPN in a research note on Wednesday, August 25th. BNP Paribas upgraded Koninklijke KPN from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 9th. Exane BNP Paribas upgraded Koninklijke KPN from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 9th. Berenberg Bank restated a “buy” rating on shares of Koninklijke KPN in a research note on Wednesday, May 19th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Koninklijke KPN in a research note on Wednesday, July 28th.

KKPNY traded down $0.03 during trading on Thursday, hitting $3.28. 121,058 shares of the company’s stock traded hands, compared to its average volume of 365,039. The company’s 50 day simple moving average is $3.24 and its two-hundred day simple moving average is $3.31. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.71 and a current ratio of 0.73. Koninklijke KPN has a 12-month low of $2.36 and a 12-month high of $3.57.

The company also recently declared a dividend, which was paid on Thursday, August 12th. Stockholders of record on Tuesday, August 10th were paid a $0.1577 dividend. The ex-dividend date was Monday, August 9th. This represents a dividend yield of 4.74%.

About Koninklijke KPN

Royal KPN NV operates as a supplier of telecommunications and information technology services. It serves customers at home and abroad with fixed and mobile networks for telephony, data and television. The company focuses on both private customers and business users, from small to large. It also offers telecom providers access to widely branched networks.

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Analyst Recommendations for Koninklijke KPN (OTCMKTS:KKPNY)

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