Deutsche Bank AG Analysts Give Telefonica SA (TEF) a €11.00 Price Target

Telefonica SA (BME:TEF) received a €11.00 ($12.94) price objective from investment analysts at Deutsche Bank AG in a report released on Monday, July 31st. The brokerage presently has a “buy” rating on the stock.

TEF has been the subject of a number of other reports. Barclays PLC set a €9.30 ($10.94) price objective on shares of Telefonica SA and gave the stock a “sell” rating in a report on Saturday, May 20th. 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 report on Monday, May 29th. UBS AG set a €11.50 ($13.53) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a report on Thursday, July 27th. J P Morgan Chase & Co set a €11.50 ($13.53) price objective on shares of Telefonica SA and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, BNP Paribas set a €10.00 ($11.76) price objective on shares of Telefonica SA and gave the stock a “neutral” rating in a report on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. Telefonica SA presently has an average rating of “Hold” and a consensus target price of €10.45 ($12.30).

Telefonica SA (TEF) opened at 10.76 on Monday. Telefonica SA has a 52 week low of $8.15 and a 52 week high of $11.64. The company has a market cap of $55.12 billion and a P/E ratio of 18.42. The company has a 50-day moving average of $10.90 and a 200 day moving average of $10.83.

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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).