Analysts Set Telefonica SA (NYSE:TEF) PT at $4.02

Shares of Telefonica SA (NYSE:TEF) have been given a consensus recommendation of “Strong Sell” by the nine analysts that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $4.0150.

A number of equities analysts have weighed in on the stock. Kepler Capital Markets raised shares of Telefonica from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Bank of America restated an “underperform” rating and issued a $3.83 price target on shares of Telefonica in a research note on Thursday, December 4th. Wall Street Zen upgraded Telefonica from a “sell” rating to a “hold” rating in a research note on Monday, November 24th. Citigroup downgraded Telefonica to a “neutral” rating in a report on Monday, December 1st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Telefonica in a research note on Monday, December 29th.

Institutional Trading of Telefonica

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in shares of Telefonica by 20.6% in the first quarter. Goldman Sachs Group Inc. now owns 6,243,236 shares of the utilities provider’s stock worth $29,093,000 after buying an additional 1,065,861 shares in the last quarter. Jane Street Group LLC raised its holdings in Telefonica by 83.7% in the 1st quarter. Jane Street Group LLC now owns 292,957 shares of the utilities provider’s stock worth $1,365,000 after acquiring an additional 133,509 shares during the last quarter. Focus Partners Wealth lifted its position in Telefonica by 24.5% in the 1st quarter. Focus Partners Wealth now owns 26,347 shares of the utilities provider’s stock valued at $123,000 after acquiring an additional 5,177 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Telefonica by 23.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,641 shares of the utilities provider’s stock valued at $307,000 after purchasing an additional 11,289 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in Telefonica by 1,746.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 16,819 shares of the utilities provider’s stock valued at $88,000 after purchasing an additional 15,908 shares during the last quarter. 1.14% of the stock is currently owned by institutional investors.

Telefonica Price Performance

NYSE:TEF opened at $3.81 on Monday. The firm’s 50-day moving average price is $3.87 and its 200-day moving average price is $4.53. The company has a market capitalization of $21.60 billion, a PE ratio of -9.29, a P/E/G ratio of 0.26 and a beta of 0.29. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.84 and a quick ratio of 0.80. Telefonica has a 1-year low of $3.80 and a 1-year high of $5.72.

Telefonica Company Profile

Telefónica, SA is a Spanish multinational telecommunications company headquartered in Madrid. Founded in 1924 as Compañía Telefónica Nacional de España, it has grown into one of the world’s largest telecommunications groups. Telefónica provides a broad range of communications services to residential and business customers, including mobile and fixed-line telephony, broadband internet, and pay-TV. The company also develops and sells network infrastructure and related services to support connectivity at scale.

Beyond traditional voice and data services, Telefónica has expanded into digital and IT services aimed at enterprise customers and public-sector clients.