A number of other research firms have also weighed in on TEF. Sanford C. Bernstein set a €6.60 ($7.67) target price on Telefonica and gave the stock a sell rating in a research note on Thursday, May 31st. JPMorgan Chase & Co. set a €6.20 ($7.21) price target on Telefonica and gave the company a sell rating in a research note on Tuesday, September 11th. Goldman Sachs Group set a €7.70 ($8.95) price target on Telefonica and gave the company a neutral rating in a research note on Wednesday, August 1st. UBS Group set a €10.00 ($11.63) price target on Telefonica and gave the company a buy rating in a research note on Friday, July 27th. Finally, Credit Suisse Group set a €8.60 ($10.00) target price on Telefonica and gave the company a neutral rating in a research note on Friday, July 27th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €8.80 ($10.23).
TEF traded up €0.15 ($0.17) during trading on Tuesday, reaching €8.20 ($9.53). The company had a trading volume of 33,480,000 shares, compared to its average volume of 23,390,000. Telefonica has a 52 week low of €7.45 ($8.66) and a 52 week high of €10.63 ($12.36).
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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