Brokerages Set Telefonica SA (TEF) PT at $11.30

Shares of Telefonica SA (NYSE:TEF) have been given a consensus rating of “Hold” by the eighteen brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $11.30.

Several research firms recently weighed in on TEF. Zacks Investment Research raised Telefonica SA from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 27th. Berenberg Bank raised Telefonica SA from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. ValuEngine raised Telefonica SA from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 7th. BidaskClub cut Telefonica SA from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. Finally, Citigroup Inc. reissued a “buy” rating on shares of Telefonica SA in a research report on Tuesday, July 25th.

A number of institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC raised its holdings in Telefonica SA by 3.2% in the 2nd quarter. Advisory Services Network LLC now owns 42,491 shares of the utilities provider’s stock valued at $441,000 after acquiring an additional 1,311 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its holdings in Telefonica SA by 11.4% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 56,178 shares of the utilities provider’s stock valued at $583,000 after acquiring an additional 5,749 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Telefonica SA by 13.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 49,414 shares of the utilities provider’s stock valued at $513,000 after acquiring an additional 5,712 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Telefonica SA by 6.3% in the 2nd quarter. Quadrant Capital Group LLC now owns 17,782 shares of the utilities provider’s stock valued at $170,000 after acquiring an additional 1,059 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Telefonica SA by 3.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 32,175 shares of the utilities provider’s stock valued at $334,000 after acquiring an additional 1,008 shares in the last quarter. 0.93% of the stock is owned by hedge funds and other institutional investors.

WARNING: “Brokerages Set Telefonica SA (TEF) PT at $11.30” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/10/brokerages-set-telefonica-sa-tef-pt-at-11-30.html.

Telefonica SA (NYSE TEF) traded up 1.98% during midday trading on Friday, reaching $10.80. The company’s stock had a trading volume of 2,805,383 shares. The firm has a market capitalization of $55.33 billion, a PE ratio of 18.18 and a beta of 1.31. The stock has a 50 day moving average of $10.72 and a 200 day moving average of $10.94. Telefonica SA has a 52 week low of $8.15 and a 52 week high of $11.64.

Telefonica SA (NYSE:TEF) last released its quarterly earnings results on Thursday, July 27th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $15.01 billion. Telefonica SA had a return on equity of 29.02% and a net margin of 5.18%. On average, equities research analysts predict that Telefonica SA will post $0.89 earnings per share for the current fiscal year

Several research firms recently weighed in on TEF. Zacks Investment Research raised Telefonica SA from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 27th. Berenberg Bank raised Telefonica SA from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. ValuEngine raised Telefonica SA from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 7th. BidaskClub cut Telefonica SA from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. Finally, Citigroup Inc. reissued a “buy” rating on shares of Telefonica SA in a research report on Tuesday, July 25th.

A number of institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC raised its holdings in Telefonica SA by 3.2% in the 2nd quarter. Advisory Services Network LLC now owns 42,491 shares of the utilities provider’s stock valued at $441,000 after acquiring an additional 1,311 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its holdings in Telefonica SA by 11.4% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 56,178 shares of the utilities provider’s stock valued at $583,000 after acquiring an additional 5,749 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Telefonica SA by 13.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 49,414 shares of the utilities provider’s stock valued at $513,000 after acquiring an additional 5,712 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Telefonica SA by 6.3% in the 2nd quarter. Quadrant Capital Group LLC now owns 17,782 shares of the utilities provider’s stock valued at $170,000 after acquiring an additional 1,059 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Telefonica SA by 3.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 32,175 shares of the utilities provider’s stock valued at $334,000 after acquiring an additional 1,008 shares in the last quarter. 0.93% of the stock is owned by hedge funds and other institutional investors.

WARNING: “Brokerages Set Telefonica SA (TEF) PT at $11.30” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/10/brokerages-set-telefonica-sa-tef-pt-at-11-30.html.

Telefonica SA (NYSE TEF) traded up 1.98% during midday trading on Friday, reaching $10.80. The company’s stock had a trading volume of 2,805,383 shares. The firm has a market capitalization of $55.33 billion, a PE ratio of 18.18 and a beta of 1.31. The stock has a 50 day moving average of $10.72 and a 200 day moving average of $10.94. Telefonica SA has a 52 week low of $8.15 and a 52 week high of $11.64.

Telefonica SA (NYSE:TEF) last released its quarterly earnings results on Thursday, July 27th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $15.01 billion. Telefonica SA had a return on equity of 29.02% and a net margin of 5.18%. On average, equities research analysts predict that Telefonica SA will post $0.89 earnings per share for the current fiscal year.

Telefonica SA Company Profile

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).

Analyst Recommendations for Telefonica SA (NYSE:TEF)

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.

Leave a Reply