Citigroup set a €13.00 ($15.48) price objective on Telefonica (BME:TEF) in a research report released on Tuesday morning. The firm currently has a buy rating on the stock.

TEF has been the topic of a number of other research reports. Sanford C. Bernstein set a €6.95 ($8.27) target price on shares of Telefonica and gave the stock a sell rating in a research note on Monday, December 11th. Goldman Sachs Group set a €11.00 ($13.10) price objective on shares of Telefonica and gave the stock a buy rating in a research note on Wednesday, October 18th. Morgan Stanley set a €10.50 ($12.50) price objective on shares of Telefonica and gave the stock a neutral rating in a research note on Thursday, November 16th. Barclays set a €9.40 ($11.19) price objective on shares of Telefonica and gave the stock a neutral rating in a research note on Friday, January 5th. Finally, Deutsche Bank set a €11.00 ($13.10) price objective on shares of Telefonica and gave the stock a buy rating in a research note on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of €10.08 ($12.00).

Shares of Telefonica (TEF) traded down €0.10 ($0.12) on Tuesday, reaching €8.27 ($9.85). 13,970,000 shares of the company’s stock traded hands, compared to its average volume of 45,310,000. Telefonica has a 1-year low of €8.10 ($9.64) and a 1-year high of €10.63 ($12.65). The firm has a market capitalization of $42,960.00 and a P/E ratio of 20.17.

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About Telefonica

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 (BME:TEF)

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