A number of other equities research analysts have also recently issued reports on the company. Deutsche Bank reaffirmed a buy rating on shares of Telefonica in a research report on Friday, May 24th. Macquarie raised Telefonica from a neutral rating to an outperform rating in a research report on Tuesday, September 3rd. Zacks Investment Research raised Telefonica from a sell rating to a hold rating and set a $8.50 price objective for the company in a research report on Tuesday, May 28th. TheStreet cut Telefonica from a b- rating to a c+ rating in a research report on Wednesday, August 14th. Finally, Bank of America cut Telefonica from a buy rating to a neutral rating in a research report on Tuesday, August 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $8.50.
Shares of Telefonica stock opened at $7.38 on Monday. The stock has a market capitalization of $38.16 billion, a P/E ratio of 7.77, a PEG ratio of 1.61 and a beta of 0.71. The company has a quick ratio of 0.79, a current ratio of 0.84 and a debt-to-equity ratio of 1.98. The stock has a 50 day moving average price of $7.05 and a two-hundred day moving average price of $7.99. Telefonica has a 12-month low of $6.50 and a 12-month high of $9.08.
Several institutional investors and hedge funds have recently bought and sold shares of TEF. Zions Bancorporation N.A. bought a new stake in shares of Telefonica in the first quarter valued at approximately $28,000. Compagnie Lombard Odier SCmA bought a new stake in shares of Telefonica in the second quarter valued at approximately $36,000. Evolution Wealth Advisors LLC bought a new stake in shares of Telefonica in the second quarter valued at approximately $38,000. HM Payson & Co. bought a new stake in shares of Telefonica in the second quarter valued at approximately $60,000. Finally, Acadian Asset Management LLC bought a new stake in shares of Telefonica in the second quarter valued at approximately $84,000. 0.97% of the stock is owned by institutional investors.
Telefónica, SA provides mobile and fixed communication services primarily in Europe 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.
Featured Story: Arbitrage
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.