Shares of Telefonica SA (BME:TEF) have received an average recommendation of “Hold” from the fifteen research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is €10.08 ($12.00).
TEF has been the topic of several research analyst reports. Sanford C. Bernstein set a €6.95 ($8.27) price target on shares of Telefonica and gave the company a “sell” rating in a research report on Monday, December 11th. Goldman Sachs Group set a €11.00 ($13.10) price target on shares of Telefonica and gave the company a “buy” rating in a research report on Wednesday, October 18th. Morgan Stanley set a €10.50 ($12.50) price target on shares of Telefonica and gave the company a “neutral” rating in a research report on Thursday, November 16th. Barclays set a €9.70 ($11.55) price target on shares of Telefonica and gave the company a “neutral” rating in a research report on Monday, October 23rd. Finally, Deutsche Bank set a €11.00 ($13.10) price objective on shares of Telefonica and gave the stock a “buy” rating in a report on Monday, September 18th.
Telefonica (BME TEF) traded up €0.06 ($0.07) during mid-day trading on Friday, hitting €8.36 ($9.95). The company had a trading volume of 12,100,000 shares, compared to its average volume of 45,400,000. Telefonica has a twelve month low of €8.10 ($9.64) and a twelve month high of €10.63 ($12.65). The firm has a market cap of $43,400.00 and a price-to-earnings ratio of 20.39.
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).
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