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Qiwi Plc (QIWI) [hlAlert]

Rating:
Buy QIWI
down 19.13 %

Qiwi Plc (QIWI) rated Buy with price target $40 by Standpoint Research

Posted on: Thursday,  Oct 30, 2014  3:25 PM ET by Standpoint Research

Standpoint Research rated Buy Qiwi Plc (NASDAQ: QIWI) on 10/30/2014. Previously Standpoint Research rated Buy Qiwi Plc (NASDAQ: QIWI) on 04/16/2014.,
when the stock price was $31.77. Since then, Qiwi Plc has lost 19.14% as of 01/05/2016's recent price of $25.69.
If you would have followed the previous Standpoint Research's recommendation on QIWI, you would have lost 19.13% of your investment in 629 days.



Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2014 3:25 PM Buy
None
31.00 40.00
as of 10/17/2014
1 Week up  10.69 %
1 Month down  -14.96 %
3 Months down  -24.12 %
1 YTD down  -6.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2014 12:00 AM Buy
None
31.77 44.00

(*) Stock Price at the time of the recommendation.
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