Share on StockTwits

Directv (NYSE:DTV) was upgraded by stock analysts at Pivotal Research from a “hold” rating to a “buy” rating in a report issued on Wednesday. The firm currently has a $90.00 target price on the stock. Pivotal Research’s price objective would indicate a potential upside of 6.50% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Directv from $86.00 to $90.00 in a research note on Monday. They now have a “sector perform” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Directv in a research note on Friday, August 1st. They now have a $97.00 price target on the stock, up previously from $95.00. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Directv from $87.00 to $95.00 in a research note on Friday, August 1st. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and nine have given a buy rating to the stock. Directv currently has a consensus rating of “Hold” and an average target price of $89.63.

Shares of Directv (NYSE:DTV) traded down 0.75% on Wednesday, hitting $84.51. The stock had a trading volume of 5,720,908 shares. 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 $85.69 and its 200-day moving average is $79.69. The company has a market cap of $42.443 billion and a price-to-earnings ratio of 15.52.

Directv (NYSE:DTV) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.59 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.53 by $0.06. The company had revenue of $8.11 billion for the quarter, compared to the consensus estimate of $8.01 billion. During the same quarter last year, the company posted $1.18 earnings per share. Directv’s revenue was up 5.3% compared to the same quarter last year. On average, analysts predict that Directv will post $5.91 earnings per share for the current fiscal year.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.