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).

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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.

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