Bloomberg News

VimpelCom U.S. Shares Rated Hold at Nomos Bank, Target of $12.48

March 27, 2012

VimpelCom Ltd. (VIP:US)’s U.S.-listed shares were rated hold by Nomos Bank in initial coverage.

The bank set a price target of $12.48 for stock of the company, which is the world’s sixth-largest wireless operator by subscribers, according to an e-mailed report.

VimpelCom fell 0.9 percent to $10.91 by 11:45 a.m. in New York, the lowest level since March 21.

To contact the reporter on this story: Halia Pavliva in New York at

To contact the editor responsible for this story: Emma O’Brien at

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Companies Mentioned

  • VIP
    (VimpelCom Ltd)
    • $4.19 USD
    • 0.12
    • 2.74%
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