Telefonica SA (BME:TEF) received a €10.50 ($12.35) price objective from Goldman Sachs Group, Inc. (The) in a report issued on Thursday, July 27th. The brokerage presently has a “buy” rating on the stock.
Other analysts have also recently issued reports about the stock. Deutsche Bank AG set a €11.40 ($13.41) target price on shares of Telefonica SA and gave the company a “buy” rating in a report on Saturday, May 20th. J P Morgan Chase & Co set a €11.30 ($13.29) target price on shares of Telefonica SA and gave the company a “buy” rating in a report on Wednesday, June 14th. UBS AG set a €11.50 ($13.53) target price on shares of Telefonica SA and gave the company a “buy” rating in a report on Thursday, July 27th. Kepler Capital Markets set a €10.50 ($12.35) target price on shares of Telefonica SA and gave the company a “neutral” rating in a report on Saturday, May 20th. Finally, HSBC Holdings plc set a €9.30 ($10.94) price objective on shares of Telefonica SA and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €10.41 ($12.25).
Telefonica SA (BME TEF) opened at 11.48 on Thursday. Telefonica SA has a 1-year low of $8.15 and a 1-year high of $11.64. The company has a 50-day moving average of $10.73 and a 200-day moving average of $10.72. The stock has a market capitalization of $58.81 billion and a price-to-earnings ratio of 19.97.
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Telefonica SA 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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