Telefonica SA (BME:TEF) has been assigned a €10.80 ($12.86) target price by Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock.
TEF has been the subject of a number of other research reports. Deutsche Bank AG set a €11.00 ($13.10) target price on Telefonica SA and gave the company a “buy” rating in a research note on Monday, July 24th. Berenberg Bank set a €10.10 ($12.02) target price on Telefonica SA and gave the company a “neutral” rating in a research note on Wednesday, June 28th. HSBC Holdings plc set a €9.30 ($11.07) target price on Telefonica SA and gave the company a “neutral” rating in a research note on Saturday, May 20th. Barclays PLC set a €9.30 ($11.07) target price on Telefonica SA and gave the company a “sell” rating in a research note on Monday, May 29th. Finally, J P Morgan Chase & Co set a €11.30 ($13.45) target price on Telefonica SA and gave the company a “buy” rating in a research note on Wednesday, June 14th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €10.40 ($12.38).
Shares of Telefonica SA (TEF) opened at 10.74 on Wednesday. Telefonica SA has a 52 week low of $8.15 and a 52 week high of $11.64. The stock has a 50 day moving average price of $10.97 and a 200 day moving average price of $10.96. The firm has a market cap of $55.02 billion and a PE ratio of 18.14.
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Telefonica SA Company Profile
Telefónica, SA provides mobile and fixed communication services primarily in the European Union and Latin America. The companys mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.
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