Telefónica (BME:TEF) has been given a €10.00 ($11.90) price target by research analysts at UBS in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS’s target price suggests a potential upside of 15.87% from the stock’s current price.

Several other equities analysts have also weighed in on TEF. Morgan Stanley set a €11.00 ($13.10) price objective on Telefónica and gave the company a “neutral” rating in a report on Friday, August 18th. Goldman Sachs Group set a €11.00 ($13.10) price objective on Telefónica and gave the stock a “buy” rating in a research report on Friday, October 27th. Barclays set a €9.70 ($11.55) price target on Telefónica and gave the company a “neutral” rating in a research report on Monday, October 30th. S&P Global set a €9.50 ($11.31) price target on Telefónica and gave the company a “neutral” rating in a research report on Friday, October 27th. Finally, J P Morgan Chase & Co set a €10.50 ($12.50) price target on Telefónica and gave the company a “neutral” rating in a research report on Monday, September 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €10.37 ($12.35).

Shares of Telefónica (BME:TEF) traded up €0.08 ($0.10) during mid-day trading on Thursday, hitting €8.63 ($10.27). 207,740,000 shares of the stock traded hands, compared to its average volume of 27,750,000. Telefónica has a 1-year low of €7.73 ($9.20) and a 1-year high of €10.63 ($12.65).

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About Telefónica

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 Telefónica (BME:TEF)

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