Telefonica SA (BME:TEF) has been assigned a €10.50 ($12.35) price objective by equities researchers at Morgan Stanley in a report released on Wednesday. The brokerage currently has a “neutral” rating on the stock.

A number of other equities analysts also recently commented on TEF. Goldman Sachs Group, Inc. (The) set a €11.00 ($12.94) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a report on Wednesday. Barclays PLC set a €9.30 ($10.94) price objective on shares of Telefonica SA and gave the stock a “sell” rating in a report on Monday. J P Morgan Chase & Co set a €10.50 ($12.35) price objective on shares of Telefonica SA and gave the stock a “neutral” rating in a report on Tuesday. Berenberg Bank set a €11.70 ($13.76) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a report on Wednesday, September 27th. Finally, Deutsche Bank AG set a €11.00 ($12.94) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €10.54 ($12.40).

Shares of Telefonica SA (BME TEF) traded up 0.10% during midday trading on Wednesday, hitting $10.52. 1,119,350 shares of the company were exchanged. The stock’s 50-day moving average is $10.70 and its 200-day moving average is $10.92. The stock has a market cap of $53.89 billion and a PE ratio of 17.71. Telefonica SA has a one year low of $8.15 and a one year high of $11.64.

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About Telefonica SA

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. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company’s operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay).

Analyst Recommendations for Telefonica SA (BME:TEF)

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