Goldman Sachs Group, Inc. (The) Reiterates €10.50 Price Target for Telefonica SA (TEF)
A number of other brokerages also recently issued reports on TEF. Barclays PLC set a €9.10 ($10.58) price objective on shares of Telefonica SA and gave the stock a sell rating in a research note on Thursday, June 15th. J P Morgan Chase & Co set a €11.30 ($13.14) price objective on shares of Telefonica SA and gave the stock a buy rating in a research note on Wednesday, June 14th. BNP Paribas set a €10.00 ($11.63) price objective on shares of Telefonica SA and gave the stock a neutral rating in a research note on Wednesday, May 31st. S&P Global set a €10.50 ($12.21) price objective on shares of Telefonica SA and gave the stock a neutral rating in a research note on Monday, May 29th. Finally, Kepler Capital Markets set a €10.50 ($12.21) price objective on shares of Telefonica SA and gave the stock a neutral rating in a research note on Monday, May 29th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €10.17 ($11.83).
Telefonica SA (BME:TEF) opened at 11.37 on Thursday. Telefonica SA has a one year low of $8.15 and a one year high of $11.64. The company has a market capitalization of $58.25 billion and a P/E ratio of 19.77. The company’s 50-day moving average is $10.73 and its 200 day moving average is $10.68.
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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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