Telefonica SA (BME:TEF) has been assigned a €10.80 ($12.86) target price by analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock.

Several other analysts also recently weighed in on the company. HSBC Holdings plc set a €9.30 ($11.07) target price on Telefonica SA and gave the company a “neutral” rating in a report on Saturday, May 20th. Deutsche Bank AG set a €11.40 ($13.57) target price on Telefonica SA and gave the company a “buy” rating in a report on Saturday, May 20th. 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 report on Wednesday, June 14th. UBS AG set a €11.50 ($13.69) target price on Telefonica SA and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, BNP Paribas set a €10.00 ($11.90) target price on Telefonica SA and gave the company a “neutral” rating in a report on Wednesday, May 31st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. Telefonica SA has an average rating of “Hold” and an average price target of €10.40 ($12.38).

Telefonica SA (BME:TEF) traded up 0.28% during midday trading on Wednesday, reaching $10.71. The company’s stock had a trading volume of 885,493 shares. The stock’s 50-day moving average price is $10.99 and its 200 day moving average price is $10.94. Telefonica SA has a 1-year low of $8.15 and a 1-year high of $11.64. The firm has a market capitalization of $54.87 billion and a PE ratio of 18.50.

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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 company’s 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.

Analyst Recommendations for Telefonica SA (BME:TEF)

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