Canaccord Genuity Reiterates Buy on DirecTV (DTV)

By admin | 7 years ago

DirecTV (NYSE: DTV)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Wednesday.

DirecTV traded up 0.73% on Wednesday, hitting $47.99. DirecTV has a 1-year low of $39.82 and a 1-year high of $53.40. The company has a market cap of $32.537 billion and a price-to-earnings ratio of 12.95.

DirecTV last released its earnings data on Tuesday, May 8th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.01. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Analysts expect that DirecTV will post $1.00 EPS next quarter.

A number of other firms have also recently commented on DTV. Analysts at Nomura (NYSE: NMR) reiterated a “reduce” rating on shares of DirecTV in a research note to investors on Wednesday. Finally, analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of DirecTV from $52.00 to $53.00 in a research note to investors on Monday, April 16th.

DIRECTV is a provider of digital television entertainment in the United States and Latin America. The Company operates two direct-to-home (DTH), operating segments: DIRECTV U.

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