Telefonica (TEF) Lifted to Buy at DZ Bank
Telefonica (NYSE:TEF) was upgraded by analysts at DZ Bank from a “hold” rating to a “buy” rating in a research note issued on Tuesday, The Fly reports.
TEF has been the topic of several other reports. Zacks Investment Research raised shares of Telefonica from a “sell” rating to a “buy” rating and set a $9.75 price objective on the stock in a report on Tuesday, February 5th. Sanford C. Bernstein reaffirmed a “sell” rating on shares of Telefonica in a report on Friday, January 25th. Berenberg Bank reaffirmed a “hold” rating on shares of Telefonica in a report on Tuesday, March 19th. ValuEngine downgraded shares of Telefonica from a “hold” rating to a “sell” rating in a report on Monday, April 1st. Finally, Goldman Sachs Group reaffirmed a “hold” rating on shares of Telefonica in a report on Tuesday, February 26th. 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 an average target price of $9.75.
TEF opened at $8.01 on Tuesday. The company has a current ratio of 0.86, a quick ratio of 0.73 and a debt-to-equity ratio of 1.83. The firm has a market cap of $40.55 billion, a price-to-earnings ratio of 8.43 and a beta of 0.67. Telefonica has a 52-week low of $7.70 and a 52-week high of $9.50.
Telefonica Company Profile
Telefónica, SA provides mobile and fixed communication services primarily in Europe and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.
Featured Story: Return On Assets
Receive News & Ratings for Telefonica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica and related companies with MarketBeat.com's FREE daily email newsletter.