Telefonica (TEF) Given a €9.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €9.00 ($10.71) price target on Telefonica (BME:TEF) in a research report report published on Friday morning. The brokerage currently has a neutral rating on the stock.

TEF has been the topic of several other reports. Sanford C. Bernstein set a €6.95 ($8.27) target price on Telefonica and gave the stock a sell rating in a research report on Monday, December 11th. Goldman Sachs Group set a €11.00 ($13.10) target price on Telefonica and gave the stock a buy rating in a research report on Wednesday, October 18th. Morgan Stanley set a €10.50 ($12.50) target price on Telefonica and gave the stock a neutral rating in a research report on Thursday, November 16th. Barclays set a €9.40 ($11.19) price target on Telefonica and gave the stock a neutral rating in a research note on Friday, January 5th. Finally, Deutsche Bank set a €11.00 ($13.10) price target on Telefonica and gave the stock a buy rating in a research note on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of €9.98 ($11.88).

Shares of Telefonica (TEF) traded up €0.02 ($0.02) during mid-day trading on Friday, reaching €8.20 ($9.76). The company’s stock had a trading volume of 10,290,000 shares, compared to its average volume of 45,440,000. Telefonica has a 12 month low of €8.10 ($9.64) and a 12 month high of €10.63 ($12.65). The firm has a market cap of $42,570.00 and a price-to-earnings ratio of 20.00.

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About Telefonica

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 (BME:TEF)

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