Goldman Sachs Group Inc. set a €9.60 ($10.67) price objective on Telefonica SA (MCE:TEF) in a research note issued to investors on Wednesday morning. The firm currently has a a neutral rating on the stock.
TEF has been the subject of a number of other reports. Bank of America Corp. set a €9.60 ($10.67) price target on shares of Telefonica SA and gave the company a sell rating in a report on Wednesday, August 31st. Barclays PLC set a €10.30 ($11.44) price target on shares of Telefonica SA and gave the company a neutral rating in a report on Thursday, September 15th. JPMorgan Chase & Co. set a €11.20 ($12.44) price objective on Telefonica SA and gave the stock a buy rating in a report on Friday, September 2nd. Nord/LB set a €12.00 ($13.33) price objective on Telefonica SA and gave the stock a buy rating in a report on Wednesday, August 17th. Finally, Citigroup Inc. set a €13.50 ($15.00) price objective on Telefonica SA and gave the stock a buy rating in a report on Tuesday, July 5th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of €10.26 ($11.40).
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. The Company’s segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica.
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.