Telefonica SA Given “Buy” Rating at Grupo Santander (TEF)

Telefonica SA (MCE: TEF)‘s stock had its “buy” rating restated by investment analysts at Grupo Santander in a note issued to investors on Wednesday, StockRatingsNetwork reports. They currently have a €13.44 ($17.45) price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at New Street Research reiterated a “reduce” rating on shares of Telefonica SA in a research note to investors on Wednesday, June 5th. They now have a €8.70 ($11.30) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Telefonica SA in a research note to investors on Monday, June 3rd. They now have a €13.00 ($16.88) price target on the stock. Finally, 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.

Five research analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €11.79 ($15.31).

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

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