Analyst Rating Update on Telefonica SA (TEF)

Telefonica SA (TEF) : 4 analysts are covering Telefonica SA (TEF) and their average rating on the stock is 3.5, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 2 more analyst has given the stock a Sell recommendation. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

The shares have received a consensus rating of Sell for the current week


Telefonica SA (NYSE:TEF): The stock was completely flat for the day, closing at $9.46 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $9.41, the stock touched an intraday high of $9.48 and a low of $9.38. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $9.46. The total trading volume on Wednesday was 1,391,781.

Telefonica, S.A. is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company operates the following segments: Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica. These segments are engaged in activities relating to wireline, wireless, cable, Internet, television businesses and other digital services in accordance with each location. The Companys services and products include Mobile business, which offers mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging; Fixed-line telephony business, which offers traditional fixed telecommunication services, Internet and broadband multimedia services, data and business-solutions services and wholesale services for telecommunication operators; and Digital services.

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