The appointment of Johan Buse as the new CEO of Banglalink, effective April 6, 2025, is expected to bring significant leadership experience and potentially enhance VEON's digital expansion in Bangladesh. This move is seen as a strategic step to bridge the digital divide and foster innovation in the region.
The stock closed at 44.28 on March 17, with a high of 44.35 and a low of 42.97. The price has shown upward momentum recently.
Based on the analysis, the stock is expected to reach $45.36 in the next trading week.
Buy VEON stock as the positive news and technical indicators suggest potential upside.
The price of VEON is predicted to go up -2.52%, based on the high correlation periods with SSB. The similarity of these two price pattern on the periods is 94.65%.
VEON
SSB
Benchmark
2025-03-03
Price Target
$48 → $56
Upside
+24.56%
Benchmark
2024-11-12
Price Target
$48
Upside
+43.97%