Directv Stock Rating Reaffirmed by Brean Capital (DTV)
Directv (NYSE:DTV)‘s stock had its “buy” rating reaffirmed by research analysts at Brean Capital in a report released on Monday. They currently have a $95.00 price objective on the stock, down from their previous price objective of $96.00. Brean Capital’s price objective suggests a potential upside of 10.23% from the stock’s previous close.
Shares of Directv (NYSE:DTV) opened at 86.18 on Monday. Directv has a 52-week low of $57.05 and a 52-week high of $89.46. The stock’s 50-day moving average is $79.37 and its 200-day moving average is $72.30. The company has a market cap of $43.420 billion and a P/E ratio of 16.77.
Directv (NYSE:DTV) last announced its earnings results on Tuesday, May 6th. The company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.13. The company had revenue of $7.86 billion for the quarter, compared to the consensus estimate of $7.91 billion. During the same quarter in the previous year, the company posted $1.43 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts predict that Directv will post $5.91 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on DTV. Analysts at Wunderlich downgraded shares of Directv from a “buy” rating to a “hold” rating in a research note on Monday. They now have a $95.00 price target on the stock, down previously from $97.00. Separately, analysts at Atlantic Securities downgraded shares of Directv to a “neutral” rating in a research note on Monday. Finally, analysts at Evercore Partners raised their price target on shares of Directv to $88.00 in a research note on Friday, May 9th. They now have an “overweight” rating on the stock. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $81.85.
DIRECTV is a provider of digital television entertainment in the United States and Latin America. The Company operates two direct-to-home (NYSE:DTV), operating segments: DIRECTV U.
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