J P Morgan Chase & Co set a €11.50 ($13.53) target price on Telefonica SA (BME:TEF) in a research note published on Friday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently issued reports on the company. HSBC Holdings plc set a €9.30 ($10.94) price target on Telefonica SA and gave the company a neutral rating in a report on Saturday, May 20th. Deutsche Bank AG set a €11.40 ($13.41) price target on Telefonica SA and gave the company a buy rating in a report on Saturday, May 20th. BNP Paribas set a €10.00 ($11.76) price target on Telefonica SA and gave the company a neutral rating in a report on Wednesday, May 31st. Barclays PLC set a €9.30 ($10.94) price target on Telefonica SA and gave the company a sell rating in a report on Monday, May 29th. Finally, Berenberg Bank set a €10.10 ($11.88) price target on Telefonica SA and gave the company a neutral rating in a report on Wednesday, June 28th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €10.41 ($12.25).

Telefonica SA (BME:TEF) opened at 11.28 on Friday. Telefonica SA has a 12 month low of $8.15 and a 12 month high of $11.64. The company has a 50 day moving average of $10.73 and a 200 day moving average of $10.70. The stock has a market capitalization of $57.79 billion and a price-to-earnings ratio of 19.62.

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About Telefonica SA

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).

Analyst Recommendations for Telefonica SA (BME:TEF)

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