Tele Columbus AG (ETR:TC1) received a €12.00 ($14.12) price objective from research analysts at equinet AG in a research report issued on Thursday. The firm currently has a “buy” rating on the stock.
Several other analysts have also issued reports on the stock. Barclays PLC set a €9.80 ($11.53) target price on shares of Tele Columbus AG and gave the company a “buy” rating in a research report on Friday, July 7th. Goldman Sachs Group, Inc. (The) set a €11.20 ($13.18) target price on shares of Tele Columbus AG and gave the company a “buy” rating in a research report on Monday, June 19th. Hauck & Aufhaeuser set a €12.20 ($14.35) target price on shares of Tele Columbus AG and gave the company a “buy” rating in a research report on Tuesday, May 30th. Berenberg Bank set a €9.10 ($10.71) target price on shares of Tele Columbus AG and gave the company a “buy” rating in a research report on Tuesday, May 23rd. Finally, Commerzbank Ag set a €9.00 ($10.59) target price on shares of Tele Columbus AG and gave the company a “neutral” rating in a research report on Monday, May 22nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of €10.61 ($12.49).
Shares of Tele Columbus AG (TC1) opened at 9.546 on Thursday. The company has a 50 day moving average price of €9.79 and a 200-day moving average price of €8.97. Tele Columbus AG has a 12 month low of €6.71 and a 12 month high of €10.30. The stock has a market cap of €1.26 billion and a P/E ratio of 1060.667.
About Tele Columbus AG
Tele Columbus AG, together with its subsidiaries, operates cable networks in Germany. It operates through two segments, TV and Internet and Telephony. The TV segment offers analogue and digital TV and radio services, as well as premium TV packages that comprise approximately 75 additional digital TV programs.
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