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Telecomunicacoes De Sao Paulo S.a. (VIV) [hlAlert]

Rating:
Overweight
VIV
down 43.69 %

Telecomunicacoes De Sao Paulo S.a. (VIV) rated Overweight by HSBC Securities

Posted on: Wednesday,  Jan 15, 2014  12:25 PM ET by HSBC Securities

HSBC Securities rated Overweight Telecomunicacoes De Sao Paulo S.a. (NYSE: VIV) on 01/15/2014. Previously HSBC Securities rated Overweight Telecomunicacoes De Sao Paulo S.a. (NYSE:
VIV) on 02/05/2009., when the stock price was $18.95. Since then, Telecomunicacoes De Sao Paulo S.a. has lost 43.69% as of 10/06/2015's recent price of $10.67.
If you would have followed the previous HSBC Securities's recommendation on VIV, you would have lost 43.69% of your investment in 2434 days.

Telecomunicacoes de Sao Paulo SA - Telesp (Telesp) provides fixed-line telecommunications services in the State of Sao Paulo. The Company provides international and interregional long distance services. It also provides multimedia communication services, such as audio, video, data, voice and other sounds, images, texts, and other information. As of December 31, 2008, its telephone network included 11.7 million fixed lines in service, 2.5 million broadband clients and 0.5 million pay television clients. Of the access lines in service, approximately 73% were residential, 22% were commercial, 2% were public telephone lines and 3% were for the Company?s own use and testing.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2014 12:25 PM Buy
None
20.09
as of 10/17/2014
1 Week up  0.75 %
1 Month down  -8.09 %
3 Months up  0.15 %
1 YTD up  4.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2009 8:25 AM Buy
None
18.95

(*) Stock Price at the time of the recommendation.
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