Telefonica S.A. (NYSE:TEF) has been assigned an average rating of “Hold” from the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $11.40.

Several brokerages recently commented on TEF. ValuEngine downgraded shares of Telefonica from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 31st. Sanford C. Bernstein downgraded shares of Telefonica from a “market perform” rating to an “underperform” rating in a research report on Monday, December 11th. Barclays raised shares of Telefonica from an “underweight” rating to an “equal weight” rating in a research report on Friday, October 20th. Zacks Investment Research downgraded shares of Telefonica from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, Berenberg Bank raised shares of Telefonica from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th.

Shares of Telefonica (TEF) opened at $9.95 on Monday. Telefonica has a 1 year low of $9.37 and a 1 year high of $11.64. The company has a market cap of $51,220.00, a PE ratio of 19.90 and a beta of 1.29. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.62 and a current ratio of 0.67.

Telefonica (NYSE:TEF) last announced its quarterly earnings data on Thursday, October 26th. The utilities provider reported $0.23 EPS for the quarter. Telefonica had a net margin of 4.95% and a return on equity of 29.25%. equities analysts predict that Telefonica will post 0.86 earnings per share for the current fiscal year.

The business also recently declared a semiannual dividend, which was paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th were issued a dividend of $0.2383 per share. This represents a dividend yield of 4.67%. The ex-dividend date was Tuesday, December 12th. Telefonica’s payout ratio is presently 70.00%.

Several hedge funds and other institutional investors have recently made changes to their positions in TEF. Janney Montgomery Scott LLC purchased a new stake in shares of Telefonica during the 3rd quarter valued at about $110,000. Advisor Group Inc. boosted its holdings in shares of Telefonica by 3.1% during the 2nd quarter. Advisor Group Inc. now owns 13,355 shares of the utilities provider’s stock valued at $138,000 after acquiring an additional 406 shares during the last quarter. Raymond James Trust N.A. boosted its holdings in shares of Telefonica by 31.9% during the 2nd quarter. Raymond James Trust N.A. now owns 13,452 shares of the utilities provider’s stock valued at $139,000 after acquiring an additional 3,252 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Telefonica by 0.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 13,643 shares of the utilities provider’s stock valued at $142,000 after acquiring an additional 118 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Telefonica by 72.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 14,816 shares of the utilities provider’s stock valued at $160,000 after acquiring an additional 6,242 shares during the last quarter. 0.91% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Telefonica S.A. (TEF) Given Average Rating of “Hold” by Analysts” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/15/telefonica-s-a-tef-given-average-rating-of-hold-by-analysts.html.

About Telefonica

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 (NYSE:TEF)

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