Oi SA (OIBRQ) PT Set at $1.00 by Barclays PLC
Oi SA (NASDAQ:OIBRQ) has been given a $1.00 price target by Barclays PLC in a research note issued to investors on Monday. The firm presently has a a “hold” rating on the stock. Barclays PLC’s price objective would suggest a potential upside of 50.56% from the stock’s previous close.
Separately, Zacks Investment Research upgraded Oi SA from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 19th.
Shares of Oi SA (NASDAQ:OIBRQ) opened at 0.6642 on Monday. The company’s market cap is $89.75 million. The company’s 50-day moving average is $0.84 and its 200 day moving average is $0.62. Oi SA has a 52-week low of $0.15 and a 52-week high of $1.09.
Oi SA Company Profile
Oi SA is a Brazil-based company engaged in the operation of switched fixed-line telephony services (STFC) concessions. The Company is active in the provision of STFC as a local and intraregional long-distance carrier. The Company’s segments include Residential Services, focused on the sale of fixed telephony services, including voice services, data communication services (broadband) and pay television (TV); Personal Mobility, focused on the sale of mobile telephony services to subscription and prepaid customers, and mobile broadband customers, and SMEs/Corporate, which includes corporate solutions offered to its small, medium-sized and large corporate customers.
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