Canaccord Genuity Reaffirms Buy Rating on DISH (DISH)

By admin | 6 years ago

DISH (NASDAQ: DISH)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Tuesday.

Several other analysts have also recently commented on the stock. Analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of DISH in a research note to investors on Monday. Separately, analysts at Deutsche Bank (NYSE: DB) reiterated a “buy” rating on shares of DISH in a research note to investors on Thursday, March 22nd. Finally, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of DISH from $35.00 to $41.00 in a research note to investors on Thursday, March 22nd. They now have a “buy” rating on the stock.

Shares of DISH opened at 30.90 on Tuesday. DISH has a one year low of $20.89 and a one year high of $35.64. The company has a market cap of $13.899 billion and a P/E ratio of 10.41.

DISH last issued its quarterly earnings data on Monday, May 7th. The company reported $0.80 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.09. DISH’s revenue was up 11.1% compared to the same quarter last year. On average, analysts predict that DISH will post $0.64 earnings per share next quarter.

DISH Network Corporation is a pay-television provider, with approximately 14.133 million customers across the United States as of December 31, 2010.

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