Brokerage Firm Rating Update on TiVo (TIVO)

TiVo (TIVO) : The consensus on TiVo (TIVO) based on 9 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

TiVo (TIVO) : The most positive equity analysts on TiVo (TIVO) expects the shares to touch $18, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $11.92 with an expected fluctuation of $2.94 from the mean.


Company shares have received an average consensus rating of Hold for the current week Also, MKM Partners downgrades its view on TiVo (NASDAQ:TIVO) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on June 1, 2016.

TiVo (NASDAQ:TIVO): The stock opened at $11.25 and touched an intraday high of $11.39 on Wednesday. During the day, the stock corrected to an intraday low of $11.21, however, the bulls stepped in and pushed the price higher to close in the green at $11.34 with a gain of 0.71% for the day. The total traded volume for the day was 4,185,885. The stock had closed at $11.26 in the previous trading session.

TiVo Inc. (TiVo) is a provider of television software services and cloud-based software-as-a-service solutions that enable viewers to consume content from a range of sources, across a variety of screens in and out of the home. The Company offers a whole-home solution that includes 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, non-DVR IP set-top boxes (STBs), and software to enable streaming to application on third-party devices, such as iOS and Android mobile phones and tablets. The Company generates revenues from four sources: Consumer Service, Television Service Providers (also referred to as MSOs or Pay TV Operators), Advertising and Research Services, and Licensing. TiVos technology for enabling the TiVo service includes the TiVo service client software platform, mobile apps, the TiVo service infrastructure and TiVo-enabled hardware designs. The Company distributes its software, technology and services through a range of consumer electronic applications and devices.

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