Tele Columbus AG (ETR:TC1) has been assigned a €9.00 ($10.71) price target by equities researchers at Commerzbank Ag in a report released on Friday. The brokerage currently has a “neutral” rating on the stock.

TC1 has been the subject of a number of other research reports. Hauck & Aufhaeuser set a €12.20 ($14.52) price objective on Tele Columbus AG and gave the company a “buy” rating in a report on Tuesday, June 27th. Goldman Sachs Group, Inc. (The) set a €11.20 ($13.33) price target on Tele Columbus AG and gave the stock a “buy” rating in a report on Friday, August 25th. J P Morgan Chase & Co set a €11.00 ($13.10) price target on Tele Columbus AG and gave the stock a “buy” rating in a report on Friday, August 25th. equinet AG set a €10.00 ($11.90) price target on Tele Columbus AG and gave the stock a “buy” rating in a report on Monday, May 22nd. Finally, Berenberg Bank set a €9.10 ($10.83) price target on Tele Columbus AG and gave the stock a “buy” rating in a report on Tuesday, May 23rd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Tele Columbus AG presently has a consensus rating of “Buy” and a consensus target price of €10.61 ($12.64).

Shares of Tele Columbus AG (TC1) traded down 1.778% during trading on Friday, reaching €9.007. 200 shares of the company’s stock traded hands. The company has a market capitalization of €1.15 billion and a price-to-earnings ratio of 67.216. Tele Columbus AG has a 1-year low of €6.71 and a 1-year high of €10.30. The company has a 50 day moving average of €9.69 and a 200-day moving average of €9.05.

TRADEMARK VIOLATION NOTICE: This article was first published by American Banking News and is the property of of American Banking News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/09/09/commerzbank-ag-analysts-give-tele-columbus-ag-tc1-a-9-00-price-target.html.

Tele Columbus AG Company Profile

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.

Analyst Recommendations for Tele Columbus AG (ETR:TC1)

Receive News & Ratings for Tele Columbus AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tele Columbus AG and related companies with MarketBeat.com's FREE daily email newsletter.