Goldman Sachs Group, Inc. (The) set a €11.00 ($12.94) target price on Telefonica SA (BME:TEF) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the stock.

TEF has been the subject of a number of other research reports. Deutsche Bank AG set a €11.00 ($12.94) target price on Telefonica SA and gave the stock a buy rating in a report on Monday, July 24th. Berenberg Bank set a €10.10 ($11.88) target price on Telefonica SA and gave the stock a neutral rating in a report on Wednesday, June 28th. J P Morgan Chase & Co set a €11.30 ($13.29) target price on Telefonica SA and gave the stock a buy rating in a report on Wednesday, June 14th. Barclays PLC set a €8.80 ($10.35) target price on Telefonica SA and gave the stock a sell rating in a report on Friday, July 28th. Finally, UBS AG set a €11.50 ($13.53) target price on Telefonica SA and gave the stock a buy rating in a report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €10.54 ($12.40).

Shares of Telefonica SA (BME:TEF) traded up 2.585% during midday trading on Wednesday, reaching $10.515. 1,294,053 shares of the company’s stock traded hands. The stock has a market cap of $53.87 billion and a price-to-earnings ratio of 17.702. Telefonica SA has a 52-week low of $8.15 and a 52-week high of $11.64. The stock has a 50 day moving average of $10.75 and a 200-day moving average of $10.97.

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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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