Telefonica SA’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (TEF)

Telefonica SA (MCE: TEF)‘s stock had its “outperform” rating restated by Sanford C. Bernstein in a research note issued on Monday, Analyst Ratings.Net reports. They currently have a €13.00 ($16.88) target price on the stock.

Several other analysts have also recently commented on the stock. Analysts at BPI reiterated a “reduce” rating on shares of Telefonica SA in a research note to investors on Monday, May 20th. They now have a €9.40 ($12.21) price target on the stock. Separately, analysts at Bankia Bolsa reiterated a “buy” rating on shares of Telefonica SA in a research note to investors on Thursday, May 16th. They now have a €13.80 ($17.92) price target on the stock. Finally, analysts at Ahorro Corporacion Financiera SA reiterated a “buy” rating on shares of Telefonica SA in a research note to investors on Wednesday, May 15th. They now have a €12.90 ($16.75) price target on the stock.

Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of €11.95 ($15.52).

Telefonica SA is a Spain-based company active in the telecommunications and digital services sectors.

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