Telefonica SA (TEF) – What Are Researchers Saying About This Stock?

Telefonica SA (NYSE:TEF) has received an average recommendation of “Reduce” from the six analysts that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $4.12.

Several equities analysts recently issued reports on TEF shares. New Street Research lowered shares of Telefonica from a “reduce” rating to a “sell” rating in a report on Friday, August 21st. BNP Paribas Exane upgraded Telefonica to a “neutral” rating and set a $4.40 target price for the company in a report on Wednesday, September 9th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Cozad Asset Management Inc. raised its position in shares of Telefonica by 11.2% in the 1st quarter. Cozad Asset Management Inc. now owns 36,638 shares of the utilities provider’s stock worth $140,000 after acquiring an additional 3,684 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Telefonica by 105.6% during the 2nd quarter. GAMMA Investing LLC now owns 11,352 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 5,831 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Telefonica by 178.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 15,732 shares of the utilities provider’s stock valued at $64,000 after purchasing an additional 10,075 shares in the last quarter. Finally, Assetmark Inc. boosted its position in Telefonica by 52.5% during the first quarter. Assetmark Inc. now owns 266,549 shares of the utilities provider’s stock valued at $1,016,000 after purchasing an additional 91,749 shares in the last quarter. 1.14% of the stock is owned by institutional investors.

Telefonica Price Performance

Shares of TEF opened at $3.81 on Wednesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.80 and a current ratio of 0.84. The company has a 50 day moving average price of $3.81 and a 200-day moving average price of $3.81. Telefonica has a fifty-two week low of $3.80 and a fifty-two week high of $5.72. The stock has a market capitalization of $21.60 billion, a PE ratio of -9.29, a PEG ratio of 0.26 and a beta of 0.29.

Telefonica Company Profile

Telefónica, SA is a Spain-based telecommunications company that provides fixed-line and mobile communications, broadband internet, digital television, and related technology services. Its offerings also include cloud computing, cybersecurity, information technology, data services, and other digital solutions for consumers, businesses, and public-sector organizations.

The company serves customers primarily in Spain, Germany, Brazil, and the United Kingdom. Telefónica operates under well-known brands including Movistar in Spain and several Latin American markets, O2 in Germany and the United Kingdom, and Vivo in Brazil.