Telefonica S.A. (TEF) Receives Average Recommendation of “Hold” from Analysts
Telefonica S.A. (NYSE:TEF) has earned a consensus rating of “Hold” from the eighteen ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $11.40.
TEF has been the subject of a number of recent research reports. Credit Suisse Group downgraded Telefonica to a “hold” rating in a research report on Friday, January 19th. ValuEngine upgraded Telefonica from a “hold” rating to a “buy” rating in a research report on Monday, November 20th. Zacks Investment Research downgraded Telefonica from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Raymond James Financial upgraded Telefonica from a “market perform” rating to an “outperform” rating in a research report on Wednesday, January 17th. Finally, Jefferies Group upgraded Telefonica from an “underperform” rating to a “hold” rating in a research report on Friday, February 9th.
Shares of Telefonica (NYSE:TEF) traded up $0.06 during midday trading on Friday, reaching $9.33. The company’s stock had a trading volume of 988,829 shares, compared to its average volume of 1,473,372. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 1.79. The company has a market cap of $47,800.00, a price-to-earnings ratio of 18.29 and a beta of 1.27. Telefonica has a 52-week low of $8.99 and a 52-week high of $11.64.
TRADEMARK VIOLATION WARNING: “Telefonica S.A. (TEF) Receives Average Recommendation of “Hold” from Analysts” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.thecerbatgem.com/2018/02/14/telefonica-s-a-tef-receives-average-recommendation-of-hold-from-analysts.html.
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).
Receive News & Ratings for Telefonica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica and related companies with MarketBeat.com's FREE daily email newsletter.