Shares of Telefonica SA (BME:TEF) have earned an average rating of “Hold” from the twelve research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is €8.09 ($9.41).

TEF has been the topic of a number of research analyst reports. Berenberg Bank set a €9.20 ($10.70) price target on Telefonica and gave the company a “buy” rating in a report on Wednesday, November 28th. UBS Group set a €10.00 ($11.63) price target on Telefonica and gave the company a “buy” rating in a report on Wednesday, October 24th. Jefferies Financial Group set a €9.40 ($10.93) price target on Telefonica and gave the company a “buy” rating in a report on Wednesday, October 31st. Deutsche Bank set a €10.10 ($11.74) price target on Telefonica and gave the company a “buy” rating in a report on Wednesday, December 5th. Finally, Credit Suisse Group set a €8.10 ($9.42) price objective on Telefonica and gave the company a “neutral” rating in a research report on Wednesday, October 31st.

Telefonica has a twelve month low of €7.45 ($8.66) and a twelve month high of €10.63 ($12.36).

Telefonica 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.

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Analyst Recommendations for Telefonica (BME:TEF)

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