Are Analysts Bearish VimpelCom Ltd (ADR) (NASDAQ:VIP) After Last Week?

Out of 13 analysts covering VimpelCom (NASDAQ:VIP), 10 rate it “Buy”, 1 “Sell”, while 3 “Hold”. This means 71% are positive. VimpelCom was the topic in 11 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Below is a list of VimpelCom Ltd (ADR) (NASDAQ:VIP) latest ratings and price target changes.

19/02/2016 Broker: JP Morgan Rating: Old Target: $4.30 New Target: $3.93 Target Down
14/01/2016 Broker: Deutsche Bank Rating: Old Target: $7.20 New Target: $6.60 Target Down
27/11/2015 Broker: Barclays Capital Rating: Equal Weight Old Target: $5.59 New Target: $4.82 Maintain
26/11/2015 Broker: HSBC Rating: Buy Old Target: $7.90 New Target: $6.40 Target Down
10/11/2015 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
09/11/2015 Broker: RBC Capital Markets Rating: Outperform Old Target: $10 New Target: $8 Maintain
04/11/2015 Broker: JP Morgan Rating: Underweight Old Target: $4.50 New Target: $4.30 Target Down

The stock closed at $3.73 during the last session. It is down 27.29% since July 28, 2015 and is downtrending. It has underperformed by 22.19% the S&P500.

VimpelCom Ltd. is a Netherlands holding company. The company has a market cap of $6.50 billion. VimpelCom is a global well-known provider of telecommunications services in 14 countries. It currently has negative earnings. The Firm operates through six divisions: Russia, Italy, Algeria, Africa & Asia, Ukraine, and the Commonwealth of Independent States (CIS).

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