Telefonica SA (TEF) PT Set at €9.60 by Goldman Sachs Group Inc.
Telefonica SA (MCE:TEF) received a €9.60 ($10.67) price objective from investment analysts at Goldman Sachs Group Inc. in a research report issued to clients and investors on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
Other research analysts have also issued research reports about the stock. Barclays PLC set a €10.00 ($11.11) price target on shares of Telefonica SA and gave the company a “neutral” rating in a research note on Wednesday, August 3rd. Independent Research GmbH set a €10.80 ($12.00) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a research report on Thursday, July 28th. HSBC set a €8.90 ($9.89) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a research report on Monday, June 27th. Citigroup Inc. set a €13.50 ($15.00) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a research report on Tuesday, July 5th. Finally, Kepler Capital Markets set a €10.00 ($11.11) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a research report on Thursday, June 30th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €10.26 ($11.40).
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/telefonica-sa-tef-pt-set-at-9-60-by-goldman-sachs-group-inc.html
Telefonica SA Company Profile
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.
Receive News & Ratings for Telefonica SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica SA and related companies with MarketBeat.com's FREE daily email newsletter.