Analyst Rating Update on Telefonica Brasil S.A. (VIV)

Telefonica Brasil S.A. (NYSE:VIV) : Zacks Investment Research ranks Telefonica Brasil S.A. (NYSE:VIV) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.6, which indicates as a Buy.

Telefonica Brasil S.A. (NYSE:VIV) : The highest level Telefonica Brasil S.A. (NYSE:VIV) is projected to reach is $15 for the short term and the lowest estimate is at $11. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $13.13 and the possibility the share price can swing is $1.65.

For the current week, the company shares have a recommendation consensus of Buy.

Telefonica Brasil S.A. (NYSE:VIV): stock turned positive on Tuesday. Though the stock opened at $12.24, the bulls momentum made the stock top out at $12.89 level for the day. The stock recorded a low of $12.23 and closed the trading day at $12.72, in the green by 5.47%. The total traded volume for the day was 2,079,896. The stock had closed at $12.06 in the previous days trading.

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.

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