Telefonica SA (BME:TEF) has been assigned a €11.00 ($12.94) target price by stock analysts at Morgan Stanley in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock.
Other analysts have also recently issued reports about the company. Barclays PLC set a €9.30 ($10.94) target price on Telefonica SA and gave the company a “sell” rating in a report on Saturday, May 20th. S&P Global set a €10.50 ($12.35) target price on Telefonica SA and gave the company a “neutral” rating in a report on Monday, May 29th. Kepler Capital Markets set a €10.00 ($11.76) target price on Telefonica SA and gave the company a “neutral” rating in a report on Wednesday, July 19th. J P Morgan Chase & Co set a €11.50 ($13.53) target price on Telefonica SA and gave the company a “buy” rating in a report on Friday, July 28th. Finally, Deutsche Bank AG set a €11.40 ($13.41) target price on Telefonica SA and gave the company a “buy” rating in a report on Monday, May 29th. Two equities research 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. The company presently has an average rating of “Hold” and an average target price of €10.45 ($12.30).
Shares of Telefonica SA (BME TEF) opened at 10.76 on Friday. Telefonica SA has a 12 month low of $8.15 and a 12 month high of $11.64. The company has a market capitalization of $55.12 billion and a P/E ratio of 18.49. The company has a 50-day moving average price of $10.90 and a 200-day moving average price 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).
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