Telefonica SA (BME:TEF) has been assigned a €8.90 ($10.11) price objective by equities research analysts at Barclays PLC in a research note issued on Friday. The brokerage presently has a “sell” rating on the stock.
A number of other analysts also recently issued reports on the company. HSBC Holdings plc set a €9.30 ($10.57) price target on Telefonica SA and gave the stock a “neutral” rating in a report on Saturday, May 20th. Deutsche Bank AG set a €11.40 ($12.95) price target on Telefonica SA and gave the stock a “buy” rating in a report on Saturday, May 20th. BNP Paribas set a €10.00 ($11.36) price target on Telefonica SA and gave the stock a “neutral” rating in a report on Wednesday, May 31st. Goldman Sachs Group, Inc. (The) set a €9.90 ($11.25) price target on Telefonica SA and gave the stock a “neutral” rating in a report on Monday, May 29th. Finally, J P Morgan Chase & Co set a €11.30 ($12.84) price target on Telefonica SA and gave the stock a “buy” rating in a report on Wednesday, June 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Telefonica SA currently has a consensus rating of “Hold” and a consensus price target of €10.12 ($11.50).
Telefonica SA (BME:TEF) opened at 10.29 on Friday. The company’s 50-day moving average price is $11.00 and its 200 day moving average price is $10.47. Telefonica SA has a 12 month low of $8.15 and a 12 month high of $11.64. The firm has a market capitalization of $52.09 billion and a price-to-earnings ratio of 19.42.
Telefonica SA Company Profile
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).
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2286541/telefonica-sa-tef-given-a-8-90-price-target-by-barclays-plc-analysts.html
Receive News & Ratings for Telefonica SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica SA and related companies with MarketBeat.com's FREE daily email newsletter.