VEON Price Prediction Next Week
VEON Stock Price Prediction and Recommendation
News Analysis:
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.
Technical Indicators:
- RSI (14): 45.43, indicating a neutral position.
- MACD: -0.55, showing slight bearish momentum.
- Fibonacci Levels: Resistance at 45.36 and support at 41.59.
Price Action:
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.
Prediction:
Based on the analysis, the stock is expected to reach $45.36 in the next trading week.
Recommendation:
Buy VEON stock as the positive news and technical indicators suggest potential upside.
VEON Similar Chart Price Prediction
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
Down: -2.52%Similarity: 94.65%
VEON Revenue Forecast
VEON EPS Forecast
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VEON Analyst's Forecast
Matthew Harrigan
Benchmark
Strong Buy
2025-03-03
Price Target
$48 → $56
Upside
+24.56%
Benchmark raised the firm's price target on Veon to $56 from $48 and keeps a Buy rating on the shares. The firm continues to view the now Dubai headquartered company as "a top frontier markets mobile play" and regards any interim settlement in the Ukrainian conflict as a likely positive for Veon and its Ukrainian Kyivstar business, the analyst tells investors.
Matthew Harrigan
Benchmark
Strong Buy
2024-11-12
Price Target
$48
Upside
+43.97%
