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Telefonica (BME:TEF) price target upped to 9.60EUR, released a report earlier today by Goldman Sachs Group Inc.

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

Previously on 8/18/2016, Norddeutsche Landesbank reported on Telefonica (BME:TEF) increased the target price from 0.00EUR to 12.00EUR. At the time, this indicated a possible upside of 0.36%.

Yesterday Telefonica (BME:TEF) traded -1.88% lower at 9.34EUR. The company’s 50-day moving average is 10.19EUR and its 200-day moving average is 10.25EUR. The last closing price is down 1.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,022,253 shares of the stock traded hands, down from an average trading volume of 1,677,620

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Telefonica (BME:TEF)

Telefonica has a 52 week low of 8.34EUR and a 52 week high of 13.53EUR with a P/E ratio of 29.60 The company’s market cap is currently 0 EUR.

In addition to Goldman Sachs Group Inc. reporting its stock price target, a total of 1 equity analyst has released a ratings update on TEF. The one year target is 10.55EUR with zero equity analysts rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, one brokerage rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For 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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