VIV has been the topic of several other research reports. JPMorgan Chase & Co. upgraded shares of Telefonica Brasil from an underweight rating to a neutral rating in a research report on Tuesday, June 4th. Standpoint Research cut shares of Telefonica Brasil from a buy rating to a hold rating in a research report on Thursday, July 25th. Zacks Investment Research cut shares of Telefonica Brasil from a hold rating to a strong sell rating and set a $13.00 price objective on the stock. in a research report on Friday, June 7th. Barclays cut shares of Telefonica Brasil from an overweight rating to an equal weight rating and reduced their price objective for the company from $15.00 to $14.00 in a research report on Thursday, August 1st. Finally, Itau BBA Securities cut shares of Telefonica Brasil from an outperform rating to a market perform rating in a research report on Friday, June 14th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Telefonica Brasil currently has a consensus rating of Hold and an average target price of $14.00.
Shares of NYSE:VIV opened at $13.17 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.02 and a quick ratio of 1.00. Telefonica Brasil has a 1-year low of $9.21 and a 1-year high of $14.47. The company has a market capitalization of $21.85 billion, a P/E ratio of 9.47, a P/E/G ratio of 1.56 and a beta of 0.72. The firm’s 50 day simple moving average is $13.57 and its two-hundred day simple moving average is $12.62.
About Telefonica Brasil
Telefônica Brasil SA provides mobile and fixed telecommunications services to residential and corporate customers in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband Internet access through 3G, 4G, and 4.5G, as well as mobile value-added services and wireless roaming services.
Recommended Story: Options Trading – Understanding Strike Price
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Telefonica Brasil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica Brasil and related companies with MarketBeat.com's FREE daily email newsletter.