Telefonica (NYSE:TEF) was upgraded by stock analysts at Jefferies Group from an “underperform” rating to a “hold” rating in a research note issued on Friday, Marketbeat reports.
A number of other equities research analysts have also recently issued reports on TEF. ValuEngine cut Telefonica from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. DZ Bank reiterated a “neutral” rating on shares of Telefonica in a research note on Wednesday, January 24th. Credit Suisse Group cut Telefonica to a “hold” rating in a research note on Friday, January 19th. Raymond James Financial upgraded Telefonica from a “market perform” rating to an “outperform” rating in a research note on Wednesday, January 17th. Finally, Citigroup upgraded Telefonica to an “outperform” rating in a research note on Wednesday, January 17th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. Telefonica currently has a consensus rating of “Hold” and a consensus target price of $11.70.
Telefonica (NYSE:TEF) traded down $0.01 during midday trading on Friday, reaching $9.22. The company’s stock had a trading volume of 3,190,000 shares, compared to its average volume of 1,380,000. The company has a market cap of $47,770.00, a PE ratio of 18.08 and a beta of 1.27. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.67 and a quick ratio of 0.62. Telefonica has a 12-month low of $8.99 and a 12-month high of $11.64.
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Telefonica Company Profile
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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