Barclays Raises PT to $13, Maintains Equal-Weight Amid Stable Earnings

Barclays Raises PT to $13, Maintains Equal-Weight Amid Stable Earnings

Barclays has upgraded its price target for Telefonica Brazil (VIV) to $13, while maintaining an Equal-Weight rating, according to a recent report dated July 2, 2025 [1]. The move comes amidst a wave of analyst confidence in the telecommunications giant, with Wall Street Zen and Goldman Sachs also upgrading their ratings and price targets [1].

Telefonica Brazil reported earnings of $0.15 EPS for the last quarter, slightly missing the consensus estimate of $0.16 [1]. Despite this, the company's market cap stands at $18.74 billion, and its stock has seen a steady increase in price, currently trading at $11.34 [1]. The company's financial health is supported by a quick ratio of 0.92, a current ratio of 0.96, and a debt-to-equity ratio of 0.20 [1].

Institutional investors have shown increased interest in the company, with significant stakes held by SBI Securities Co. Ltd., Rhumbline Advisers, and Farther Finance Advisors LLC [1]. Telefonica Brazil operates as a mobile telecommunications company in Brazil, providing fixed line and mobile services, including voice and broadband internet access through 3G, 4G, 4.5G, and 5G [1].

Barclays' decision to maintain an Equal-Weight rating on Telefonica Brazil suggests a cautious stance on the stock's prospects. However, the price target increase indicates that the analyst team sees potential value in the stock at the current price level. Investors should closely monitor the company's earnings outlook and management's commentary on the earnings call to gauge the stock's future performance.

References:
[1] https://www.marketbeat.com/instant-alerts/telefonica-brazil-nyseviv-stock-rating-upgraded-by-wall-street-zen-2025-08-02/