Analysts still say it’s reasonable to sell UralSvyazInform’s stock
Finam analysts looked into the accounts and reports for the year 2006 drawn up by UralSvyazInform (one of Sverdlovsk Region’s major cell phone operators) in compliance with the International Accounting Standards. They believe the company showed some bad trends last year, for example, it grew less profitable in terms of OIBDA and net profit because of increasing revenue growth juxtaposed with a rising market. They still say it would be reasonable to sell both the ordinary and preference shares of UralSvyazInform with the target price going down, Finam.Ru reports.
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