Tele Columbus AG (TC1) Receives Consensus Rating of “Buy” from Analysts
Shares of Tele Columbus AG (ETR:TC1) have earned an average recommendation of “Buy” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is €10.40 ($12.09).
A number of brokerages recently weighed in on TC1. J P Morgan Chase & Co set a €10.40 ($12.09) target price on shares of Tele Columbus AG and gave the stock a “buy” rating in a research note on Tuesday, October 17th. Barclays PLC set a €10.60 ($12.33) target price on shares of Tele Columbus AG and gave the stock a “buy” rating in a research note on Monday, October 16th. Macquarie set a €8.70 ($10.12) target price on shares of Tele Columbus AG and gave the stock a “neutral” rating in a research note on Monday, September 18th. Commerzbank Ag set a €9.00 ($10.47) price objective on shares of Tele Columbus AG and gave the stock a “neutral” rating in a research note on Friday, September 8th. Finally, Hauck & Aufhaeuser set a €12.20 ($14.19) price objective on shares of Tele Columbus AG and gave the stock a “buy” rating in a research note on Friday, September 1st.
Tele Columbus AG (TC1) opened at €9.02 ($10.48) on Friday. Tele Columbus AG has a one year low of €6.92 ($8.05) and a one year high of €10.30 ($11.98).
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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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