Telefonica SA Stock Rating Reaffirmed by Exane BNP Paribas (TEF)
Telefonica SA (MCE: TEF)‘s stock had its “underperform” rating restated by equities researchers at Exane BNP Paribas in a report issued on Friday. They currently have a $13.33 (€10) target price on the stock.
Telefonica SA traded up 0.29% on Friday, hitting €10.25. Telefonica SA has a 52-week low of €7.90 and a 52-week high of €14.25.
A number of other analysts have also recently weighed in on TEF. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Telefonica SA in a research note to investors on Thursday. They now have a $9.29 price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Telefonica SA to a “neutral” rating in a research note to investors on Wednesday. They now have a $17.95 price target on the stock. Finally, analysts at Kepler Capital Markets reiterated a “buy” rating on shares of Telefonica SA in a research note to investors on Monday. They now have a $15.38 price target on the stock.
Telefonica SA is a Spain-based company engaged, together with its subsidiaries, in the telecommunications sector.
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