Goldman Sachs Group Analysts Give Tele Columbus (TC1) a €2.50 Price Target
A number of other research firms also recently issued reports on TC1. JPMorgan Chase & Co. set a €4.00 ($4.65) price target on Tele Columbus and gave the company a neutral rating in a research note on Tuesday, September 4th. Hauck & Aufhaeuser set a €7.30 ($8.49) price target on Tele Columbus and gave the company a neutral rating in a research note on Thursday, May 17th. Barclays set a €7.50 ($8.72) price target on Tele Columbus and gave the company a neutral rating in a research note on Friday, May 18th. Berenberg Bank set a €8.40 ($9.77) price target on Tele Columbus and gave the company a buy rating in a research note on Tuesday, June 5th. Finally, equinet reiterated a buy rating on shares of Tele Columbus in a research note on Wednesday, August 29th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of €5.21 ($6.06).
Tele Columbus stock opened at €2.58 ($3.00) on Thursday. Tele Columbus has a 52-week low of €7.96 ($9.26) and a 52-week high of €10.40 ($12.09).
Tele Columbus AG, together with its subsidiaries, operates cable networks in Germany. It operates through two segments, TV and Internet and Telephony. The TV segment offers analogue and digital TV and radio services, as well as premium TV packages that comprise approximately 75 additional digital TV programs.
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