Telefonica SA (BME:TEF) has been assigned a €11.00 ($12.94) price target by investment analysts at Morgan Stanley in a research note issued to investors on Friday, August 18th. The brokerage presently has a “neutral” rating on the stock.

A number of other brokerages have also weighed in on TEF. BNP Paribas set a €10.00 ($11.76) target price on shares of Telefonica SA and gave the stock a “neutral” rating in a research report on Wednesday, May 31st. S&P Global set a €10.50 ($12.35) target price on shares of Telefonica SA and gave the stock a “neutral” rating in a research report on Monday, May 29th. Kepler Capital Markets set a €10.50 ($12.35) target price on shares of Telefonica SA and gave the stock a “neutral” rating in a research report on Monday, May 29th. Deutsche Bank AG set a €11.40 ($13.41) target price on shares of Telefonica SA and gave the stock a “buy” rating in a research report on Monday, May 29th. Finally, HSBC Holdings plc set a €9.30 ($10.94) target price on shares of Telefonica SA and gave the stock a “neutral” rating in a research report on Monday, May 29th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. Telefonica SA presently has a consensus rating of “Hold” and an average price target of €10.45 ($12.30).

Telefonica SA (TEF) traded up 0.93% during trading on Friday, hitting $10.85. 690,994 shares of the stock traded hands. Telefonica SA has a one year low of $8.15 and a one year high of $11.64. The company has a market capitalization of $55.58 billion and a P/E ratio of 18.64. The company’s 50 day moving average is $10.93 and its 200 day moving average is $10.86.

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Telefonica SA Company Profile

Telefónica, SA provides mobile and fixed communication services primarily in the European Union and Latin America. The company’s 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.

Analyst Recommendations for Telefonica SA (BME:TEF)

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