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Zacks Investment Research downgraded Telefonica S.A. (ADR) (NYSE:TEF) to Hold in a statement released earlier today.

Showing a price of $10.11, Telefonica S.A. (ADR) (NYSE:TEF) traded 0.68% lower on the day. The last close is down 1.12% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. The company has registered a 50-day moving average of $10.04 and two hundred day average of $10.26. Volume of trade was was down over the average, with 735,339 shares of TEF changing hands under the typical 1,792,810 shares.

Zacks Investment Research has downgraded Telefonica S.A. (ADR)(NYSE:TEF) to Hold in a report released 9/16/2016.

On Wednesday August 31 2016, Zacks Investment Research reported on Telefonica S.A. (ADR)(NYSE:TEF) upped the target price from $0.00 to $11.00 that indicated a possible upside of 0.10%.

See Chart Below:

Telefonica S.A. (ADR) (NYSE:TEF)

A total of 1 broker has released a research note on Telefonica S.A. (ADR). Zero rate the stock a strong buy, 0 rate the company a buy, 0 analysts rate the company a hold, one firm rate the company to underperform, and finally 0 analystsrate the company as sell with an average target stock price of $10.55

Telefonica S.A. (ADR) has a 52 week low of $8.34 and a one-year high of $13.53 with a price-earnings ratio of 29. TEF’s total market value is presently $0.0.

More About Telefonica S.A. (ADR) (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. 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 and mobile data and Internet services.

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