ValuEngine upgraded shares of Telefonica Brasil (NYSE:VIV) from a strong sell rating to a sell rating in a research report released on Thursday.

Several other equities analysts also recently commented on VIV. Zacks Investment Research upgraded Telefonica Brasil from a hold rating to a strong-buy rating and set a $14.00 target price for the company in a research report on Tuesday, December 11th. Barclays reiterated a buy rating and issued a $15.00 target price on shares of Telefonica Brasil in a research report on Monday, February 4th. Santander upgraded Telefonica Brasil from a hold rating to a buy rating in a research report on Friday, December 21st. Citigroup upgraded Telefonica Brasil from a neutral rating to a buy rating in a research report on Friday, December 14th. Finally, Credit Suisse Group downgraded Telefonica Brasil from a neutral rating to an underperform rating in a research report on Thursday, January 10th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $14.90.

Shares of VIV stock opened at $12.44 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.07. Telefonica Brasil has a twelve month low of $9.21 and a twelve month high of $15.52. The firm has a market cap of $21.01 billion, a P/E ratio of 14.64, a price-to-earnings-growth ratio of 1.31 and a beta of 0.80.

Institutional investors have recently bought and sold shares of the business. M&T Bank Corp increased its stake in shares of Telefonica Brasil by 4.1% in the fourth quarter. M&T Bank Corp now owns 44,103 shares of the Wireless communications provider’s stock valued at $526,000 after buying an additional 1,729 shares during the period. Citigroup Inc. increased its stake in shares of Telefonica Brasil by 56.9% in the fourth quarter. Citigroup Inc. now owns 6,270 shares of the Wireless communications provider’s stock valued at $75,000 after buying an additional 2,274 shares during the period. Unison Advisors LLC increased its stake in shares of Telefonica Brasil by 2.5% in the fourth quarter. Unison Advisors LLC now owns 97,785 shares of the Wireless communications provider’s stock valued at $1,233,000 after buying an additional 2,416 shares during the period. Comerica Bank increased its stake in shares of Telefonica Brasil by 4.2% in the fourth quarter. Comerica Bank now owns 68,235 shares of the Wireless communications provider’s stock valued at $871,000 after buying an additional 2,758 shares during the period. Finally, We Are One Seven LLC acquired a new stake in shares of Telefonica Brasil in the fourth quarter valued at about $39,000. Hedge funds and other institutional investors own 10.03% of the company’s stock.

Telefonica Brasil Company Profile

TelefĂ´nica Brasil SA provides mobile and fixed line 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 and 4G, as well as mobile value-added services and wireless roaming services.

Featured Story: Why is the ROA ratio important?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Telefonica Brasil (NYSE:VIV)

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.