Telefonica SA (BME:TEF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Telefonica SA (BME:TEF) have been given an average rating of “Hold” by the twelve research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is €10.41 ($12.25).

Several brokerages have recently weighed in on TEF. Citigroup Inc. set a €13.00 ($15.29) target price on Telefonica SA and gave the stock a “buy” rating in a research note on Monday, July 31st. Deutsche Bank AG set a €11.00 ($12.94) target price on Telefonica SA and gave the stock a “buy” rating in a research note on Monday, July 31st. S&P Global set a €10.50 ($12.35) target price on Telefonica SA and gave the stock a “neutral” rating in a research note on Monday, May 29th. Barclays PLC set a €8.80 ($10.35) target price on Telefonica SA and gave the stock a “sell” rating in a research note on Friday, July 28th. Finally, Goldman Sachs Group, Inc. (The) set a €10.50 ($12.35) target price on Telefonica SA and gave the stock a “buy” rating in a research note on Monday, July 10th.

Telefonica SA (TEF) traded up 0.17% during midday trading on Tuesday, reaching $11.48. 1,054,034 shares of the company’s stock were exchanged. Telefonica SA has a 52 week low of $8.15 and a 52 week high of $11.64. The firm has a market capitalization of $58.81 billion and a price-to-earnings ratio of 19.97. The firm’s 50 day moving average is $10.73 and its 200 day moving average is $10.72.

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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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