Goldman Sachs Group Inc. upgraded shares of Turkcell Iletisim Hizmetleri AS (NYSE:TKC) from a sell rating to a neutral rating in a report released on Friday morning, The Fly reports.

Separately, Zacks Investment Research lowered Turkcell Iletisim Hizmetleri AS from a buy rating to a hold rating in a research note on Wednesday, August 3rd.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) opened at 6.80 on Friday. Turkcell Iletisim Hizmetleri AS has a 12 month low of $6.77 and a 12 month high of $10.87. The company’s market cap is $6.32 billion. The firm has a 50-day moving average price of $7.64 and a 200 day moving average price of $8.44.

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Several institutional investors have recently made changes to their positions in TKC. ETRADE Capital Management LLC raised its position in shares of Turkcell Iletisim Hizmetleri AS by 45.0% in the third quarter. ETRADE Capital Management LLC now owns 18,296 shares of the company’s stock worth $147,000 after buying an additional 5,676 shares during the period. Jane Street Group LLC purchased a new position in shares of Turkcell Iletisim Hizmetleri AS during the third quarter worth $501,000. Panagora Asset Management Inc. raised its position in shares of Turkcell Iletisim Hizmetleri AS by 6.7% in the third quarter. Panagora Asset Management Inc. now owns 34,947 shares of the company’s stock worth $282,000 after buying an additional 2,200 shares during the period. D. E. Shaw & Co. Inc. raised its position in shares of Turkcell Iletisim Hizmetleri AS by 39.0% in the third quarter. D. E. Shaw & Co. Inc. now owns 133,469 shares of the company’s stock worth $1,076,000 after buying an additional 37,432 shares during the period. Finally, OLD Mission Capital LLC raised its position in shares of Turkcell Iletisim Hizmetleri AS by 444.6% in the third quarter. OLD Mission Capital LLC now owns 108,653 shares of the company’s stock worth $879,000 after buying an additional 88,701 shares during the period. Institutional investors own 5.68% of the company’s stock.

Turkcell Iletisim Hizmetleri AS Company Profile

Turkcell Iletisim Hizmetleri AS is engaged in establishing and operating a global system for mobile communications (GSM) network in Turkey and regional states. The Company provides services to its consumer and corporate customers with its mobile, fixed broadband, television products and other media services.

5 Day Chart for NYSE:TKC

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