Telefonica SA (NYSE:TEF) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. A sell rating was given by 2 analyst.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Credit Suisse upgrades its ratings on Telefonica SA (NYSE:TEF). In the latest research report, Credit Suisse raises the target price from $9.5 per share to $10 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on April 6, 2016.
Telefonica SA (NYSE:TEF) rose 1.72% or 0.17 points on Tuesday and made its way into the gainers of the day. After trading began at $9.96 the stock was seen hitting $10.11 as a peak level and $9.9 as the lowest level. The stock ended up at $10.05. The daily volume was measured at 1,408,106 shares. The 52-week high of the share price is $15.54 and the 52-week low is $9.295. The company has a market cap of $50,001 million.
Shares of Telefonica, S.A. appreciated by 6.24% during the last five trading days but lost 1.57% on a 4-week basis. Telefonica, S.A. has dropped 5.87% during the last 3-month period . Year-to-Date the stock performance stands at -5.1%.
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.