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Barclays Capital upgraded Telefonica S.A. (NYSE:TEF) from Underweight to Equal Weight in a report released today.

Yesterday Telefonica S.A. (NYSE:TEF) traded -0.19% lower at $10.39. The company’s 50-day moving average is $10.70 and its 200-day moving average is $10.92. The last closing price is down -4.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 666,710 shares of the stock traded hands, down from an average trading volume of 1,110,620

Barclays Capital has upgraded Telefonica S.A. (NYSE:TEF) from Underweight to Equal Weight in a report released on 10/20/2017.

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Telefonica S.A. (NYSE:TEF)

Telefonica S.A. has a 52 week low of $8.15 and a 52 week high of $11.64 with a P/E ratio of 17.47 The company’s market cap is currently $0.

In addition to Barclays Capital reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is $10.55 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Telefonica S.A. (NYSE: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. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company's operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay). These segments are engaged in activities relating to wireline, wireless, cable, data, Internet and television (TV) businesses and other digital services in accordance with each location. It offers a range of mobile and related services and products to personal and business customers. It offers traditional fixed telecommunication services, Internet and broadband multimedia services and data and business-solutions services. It offers a range of digital services, such as Internet of Things (IoT).

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