Telefonica SA (TEF) Receives €9.71 Average Target Price from Analysts
Shares of Telefonica SA (BME:TEF) have received an average rating of “Hold” from the seventeen research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is €9.69 ($11.96).
TEF has been the subject of several recent research reports. Goldman Sachs Group set a €11.00 ($13.58) target price on shares of Telefonica and gave the company a “buy” rating in a research note on Monday, November 13th. Morgan Stanley set a €10.50 ($12.96) target price on shares of Telefonica and gave the company a “neutral” rating in a research note on Thursday, November 16th. UBS Group set a €10.00 ($12.35) target price on shares of Telefonica and gave the company a “buy” rating in a research note on Thursday, December 7th. Barclays set a €9.80 ($12.10) target price on shares of Telefonica and gave the company a “neutral” rating in a research note on Friday, December 8th. Finally, Sanford C. Bernstein set a €6.95 ($8.58) price target on shares of Telefonica and gave the company a “sell” rating in a research report on Monday, December 11th.
Telefonica (BME:TEF) traded down €0.12 ($0.15) during mid-day trading on Friday, reaching €7.83 ($9.67). 65,550,000 shares of the company traded hands, compared to its average volume of 22,740,000. Telefonica has a fifty-two week low of €7.45 ($9.20) and a fifty-two week high of €10.63 ($13.12). The firm has a market capitalization of $40,660.00 and a price-to-earnings ratio of 13.98.
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. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company’s operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay).
Receive News & Ratings for Telefonica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica and related companies with MarketBeat.com's FREE daily email newsletter.