Notable Reporting: Turkcell Iletisim Hizmetleri A.S. (ADR)’s Trend Up, Especially After Today’s Strong Session

Notable Reporting: Turkcell Iletisim Hizmetleri A.S. (ADR)'s Trend Up, Especially After Today's Strong Session

The stock of Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) is a huge mover today! About 73,201 shares traded hands. Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) has declined 31.38% since April 18, 2016 and is downtrending. It has underperformed by 35.81% the S&P500.
The move comes after 5 months positive chart setup for the $6.29B company. It was reported on Nov, 18 by Barchart.com. We have $8.75 PT which if reached, will make NYSE:TKC worth $1.38 billion more.

Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) Ratings Coverage

Out of 2 analysts covering Turkcell (NYSE:TKC), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Turkcell has been the topic of 3 analyst reports since September 3, 2015 according to StockzIntelligence Inc. The stock of Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) earned “Overweight” rating by JP Morgan on Thursday, September 17. The firm has “Neutral” rating given on Thursday, September 3 by Bank of America. The firm has “Neutral” rating given on Wednesday, April 6 by JP Morgan.

According to Zacks Investment Research, “Turkcell is the leading provider of mobile communications services in Turkey.”

More recent Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) news were published by: Marketwatch.com which released: “Turkcell Iletisim Hizmetleri AS ADR” on October 13, 2010. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. Benzinga.com‘s news article titled: “Turkish Telecoms: The Next Great Investment?” with publication date: September 17, 2015 was also an interesting one.

TKC Company Profile

Turkcell Iletisim Hizmetleri AS, incorporated on January 5, 1993, is engaged in establishing and operating a Global System for Mobile Communications (GSM) network in Turkey and regional states. The Company’s divisions include Turkcell Turkey, Turkcell International and Other. The Firm provides services to its consumer and corporate clients with its mobile, fixed broadband, television products and other media services. Turkcell Turkey segment includes the activities of Superonline Iletisim Hizmetleri A.S. (Turkcell Superonline), Turkcell Satis ve Dagitim Hizmetleri A.S. (Turkcell Satis), group call center activities of Global Bilgi Pazarlama Danisma ve Cagri Servisi Hizmetleri A.S. (Turkcell Global Bilgi), Turktell Bilisim Servisleri A.S. (Turktell), Turkcell Teknoloji Arastirma ve Gelistirme A.S. (Turkcell Teknoloji), Turkcell Interaktif Dijital Platform ve Icerik Hizmetleri A.S. (Turktell Interaktif), Kule Hizmet ve Isletmecilik A.S. (Global Tower), Rehberlik Hizmetleri Servisi A.S. (Rehberlik), Turkcell Odeme Hizmetleri A.S. (Turkcell Odeme) and Turkcell Gayrimenkul Hizmetleri A.S. (Turkcell Gayrimenkul). Turkcell International segment includes the activities of Kibris Mobile Telekomunikasyon Limited Sirketi (Kibris Telekom), Eastasia, Euroasia, Astelit, Beltur, Beltel, Belarusian Telecom, UkrTower, Global LLC, Turkcell Europe, Lifetech LLC and Fintur Holdings B.V. (Fintur). Other segment mainly comprises the information and entertainment services in Turkey and Azerbaijan and non-group call center activities of Turkcell Global Bilgi.

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