Shares of Telefonica SA (BME:TEF) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €10.45 ($12.45).
A number of equities research analysts have recently issued reports on the stock. Barclays PLC set a €9.30 ($11.07) target price on shares of Telefonica SA and gave the company a “sell” rating in a report on Saturday, May 20th. S&P Global set a €10.50 ($12.50) price target on shares of Telefonica SA and gave the company a “neutral” rating in a report on Monday, May 29th. Kepler Capital Markets set a €10.00 ($11.90) price target on shares of Telefonica SA and gave the company a “neutral” rating in a report on Wednesday, July 19th. J P Morgan Chase & Co set a €11.50 ($13.69) price target on shares of Telefonica SA and gave the company a “buy” rating in a report on Friday, July 28th. Finally, Morgan Stanley set a €11.00 ($13.10) price target on shares of Telefonica SA and gave the company a “neutral” rating in a report on Friday, August 18th.
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Shares of Telefonica SA (TEF) traded down 0.09% during midday trading on Friday, hitting $10.76. The stock had a trading volume of 508,341 shares. The firm has a market capitalization of $55.12 billion and a PE ratio of 18.58. The company’s 50 day moving average price is $10.99 and its 200-day moving average price is $10.92. Telefonica SA has a 1-year low of $8.15 and a 1-year high of $11.64.
Telefonica SA Company Profile
Telefónica, SA provides mobile and fixed communication services primarily in the European Union and Latin America. The companys 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.
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