Tele Columbus (TC1) Given a €7.20 Price Target at Barclays

Tele Columbus (ETR:TC1) received a €7.20 ($8.18) price target from research analysts at Barclays in a research note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock. Barclays’ price target would indicate a potential upside of 123.60% from the stock’s current price.

TC1 has been the topic of several other reports. Goldman Sachs Group set a €6.00 ($6.82) target price on Tele Columbus and gave the company a “neutral” rating in a research note on Thursday. Hauck & Aufhaeuser set a €7.30 ($8.30) target price on Tele Columbus and gave the company a “neutral” rating in a research note on Wednesday, July 18th. Berenberg Bank set a €8.40 ($9.55) target price on Tele Columbus and gave the company a “buy” rating in a research note on Tuesday, June 5th. Finally, Commerzbank set a €6.50 ($7.39) target price on Tele Columbus and gave the company a “neutral” rating in a research note on Wednesday, May 23rd. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €7.90 ($8.98).

Shares of Tele Columbus stock opened at €3.22 ($3.66) on Friday. Tele Columbus has a 12 month low of €7.96 ($9.05) and a 12 month high of €10.40 ($11.82).

Tele Columbus Company Profile

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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