Telef?nica (TEF) PT Set at €8.40 by Royal Bank of Canada

Royal Bank of Canada set a €8.40 ($10.37) price objective on Telef?nica (BME:TEF) in a research note published on Friday morning. The firm currently has a sell rating on the stock.

A number of other equities research analysts also recently issued reports on the company. Barclays set a €9.00 ($11.11) price objective on Telef?nica and gave the company a neutral rating in a research report on Tuesday, March 20th. Cfra set a €8.50 ($10.49) price objective on Telef?nica and gave the company a neutral rating in a research report on Friday, February 23rd. Goldman Sachs set a €9.50 ($11.73) price target on Telef?nica and gave the stock a buy rating in a report on Friday, February 23rd. UBS set a €10.00 ($12.35) price target on Telef?nica and gave the stock a buy rating in a report on Thursday, February 22nd. Finally, JPMorgan Chase & Co. set a €9.00 ($11.11) price target on Telef?nica and gave the stock a neutral rating in a report on Thursday, February 22nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Telef?nica currently has an average rating of Hold and an average price target of €9.67 ($11.94).

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Shares of Telef?nica (TEF) opened at €8.20 ($10.12) on Friday. Telef?nica has a 52-week low of €7.45 ($9.20) and a 52-week high of €10.63 ($13.12). The stock has a market capitalization of $42,580.00 and a P/E ratio of 14.64.

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About Telef?nica

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 Telef?nica (BME:TEF)

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