B.Riley FBR analyst Eric Wold reiterated a Buy rating on TiVo (TIVO) today and set a price target of $19.00. The company’s shares closed last Monday at $6.94, close to its 52-week low of $6.61.
According to TipRanks.com, Wold ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.1% and a 33.5% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Cinemark Holdings, and AMC Entertainment.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TiVo with a $14.00 average price target.
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Based on TiVo’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $151 million. In comparison, last year the company had a GAAP net loss of $288 million.
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TiVo Corp. provides entertainment technology, software, and services. It operates through two segments: Intellectual Property Licensing and Product.
