Media stories about Qiwi (NASDAQ:QIWI) have trended somewhat positive on Thursday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Qiwi earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 45.1802730967458 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
A number of analysts recently issued reports on QIWI shares. Zacks Investment Research lowered Qiwi from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 28th. ValuEngine downgraded shares of Qiwi from a “buy” rating to a “hold” rating in a research note on Sunday, December 3rd. Finally, BidaskClub raised shares of Qiwi from a “strong sell” rating to a “sell” rating in a research note on Thursday, December 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.67.
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.