Tele Columbus (ETR:TC1) received a €3.00 ($3.49) price objective from equities research analysts at Barclays in a report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Barclays’ target price points to a potential downside of 18.48% from the stock’s previous close.

Several other brokerages have also recently issued reports on TC1. JPMorgan Chase & Co. set a €4.00 ($4.65) target price on shares of Tele Columbus and gave the company a “neutral” rating in a report on Tuesday, September 4th. Berenberg Bank set a €5.50 ($6.40) target price on shares of Tele Columbus and gave the company a “buy” rating in a report on Thursday, October 25th. Commerzbank set a €3.00 ($3.49) target price on shares of Tele Columbus and gave the company a “neutral” rating in a report on Friday, November 30th. Goldman Sachs Group set a €6.00 ($6.98) price target on shares of Tele Columbus and gave the stock a “neutral” rating in a research note on Thursday, August 16th. Finally, Hauck & Aufhaeuser set a €6.00 ($6.98) price target on shares of Tele Columbus and gave the stock a “buy” rating in a research note on Thursday, August 30th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €4.11 ($4.78).

Shares of Tele Columbus stock opened at €3.68 ($4.28) on Tuesday. Tele Columbus has a 12-month low of €7.96 ($9.26) and a 12-month high of €10.40 ($12.09).

About Tele Columbus

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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Analyst Recommendations for Tele Columbus (ETR:TC1)

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