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A statement released earlier today by Goldman Sachs Group Inc. about Telefonica (BME:TEF) bumps the target price to 9.60EUR

Goldman Sachs Group Inc. increased the stock price target of Telefonica (BME:TEF) to 9.60EUR indicating a possible upside of 0.03%.

On 09/26/2016, Goldman Sachs Group Inc. released a statement for Telefonica (BME:TEF) bumped up the target price from 0.00EUR to 9.60EUR that suggested an upside of 0.03%.

Boasting a price of 9.34EUR, Telefonica (BME:TEF) traded -1.88% lower on the day. With the last stock price close down 1.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Telefonica has recorded a 50-day average of 10.19EUR and a two hundred day average of 10.25EUR. Volume of trade was down over the average, with 1,022,253 shares of TEF changing hands under the typical 1,677,620

Performance Chart

Telefonica (BME:TEF)

With a total market value of 0 EUR, Telefonica has price-earnings ratio of 29.60 with a one year low of 8.34EUR and a one year high of 13.53EUR .

A total of 1 equity analyst has released a ratings update on TEF. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 10.55EUR.

Brief Synopsis About Telefonica (BME:TEF)

Telefonica, S.A. 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. The Company's segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica. These segments are engaged in activities relating to wireline, wireless, cable, data, Internet and television businesses and other digital services in accordance with each location. The Company offers various digital services, such as Video/Television services, e-Health services or telecare, Financial services and other payment services, Security services, Cloud computing services, Advertising, Big Data and Future Communications. It provides mobile voice services; value added services, including voice mail, call hold, call waiting, call forwarding and three-way calling, and mobile data and Internet services.

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