Telefonica Brasil S.A. (VIV) has an average broker rating of 2, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Telefonica Brasil S.A. (VIV) : The consensus price target for Telefonica Brasil S.A. (VIV) is $14.75 for the short term with a standard deviation of $2.9. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $18, however, the pessimist price target for the company is $11.
Also, Barclays maintains its rating on Telefonica Brasil S.A. (NYSE:VIV). The global brokerage major raises the current price target from $17 per share to $17.5 per share. Analysts at the Barclays have a current rating of Overweight on the shares. The rating by the firm was issued on July 28, 2016.
Telefonica Brasil S.A. (NYSE:VIV): After opening at $13.89, the stock dipped to an intraday low of $13.87 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.325 and the buying power remained strong till the end. The stock closed at $14.26 for the day, a gain of 3.26% for the day session. The total traded volume was 2,312,776. The stocks close on the previous trading day was $13.81.
Telefonica Brasil S.A. is a mobile telecommunications company in Brazil. The Company is a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its, Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband (UBB) (based on its Fiber to the Home infrastructure (FTTH)), Pay TV, information technology and digital services (such as e-health, cloud and financial services). It also has a distribution network with more than 300 of its own stores and approximately 1,800 physical distribution points of sale where its clients can obtain certain services, such as purchasing credit for prepaid phones. Its operations consist of local and long distance fixed telephone services; mobile services, including value-added services; data services, including broadband services and mobile data services, and Pay TV services through direct to home (DTH), among others.