Telefonica SA (MCE:TEF) has been given a €9.60 ($10.67) target price by stock analysts at Goldman Sachs Group Inc. in a report released on Wednesday. The firm presently has a a “neutral” rating on the stock.

Several other equities analysts also recently issued reports on TEF. HSBC set a €8.90 ($9.89) price target on shares of Telefonica SA and gave the company a “buy” rating in a report on Monday, June 27th. Independent Research GmbH set a €10.00 ($11.11) price target on shares of Telefonica SA and gave the company a “buy” rating in a report on Monday, June 27th. Kepler Capital Markets set a €10.00 ($11.11) price target on shares of Telefonica SA and gave the company a “buy” rating in a report on Thursday, June 30th. Citigroup Inc. set a €13.50 ($15.00) price target on shares of Telefonica SA and gave the company a “buy” rating in a report on Tuesday, July 5th. Finally, Barclays PLC set a €10.00 ($11.11) price target on shares of Telefonica SA and gave the company a “neutral” rating in a report on Wednesday, August 3rd. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €10.26 ($11.40).

About Telefonica SA

Telefonica, SA is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services. The Company’s segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica.

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