Telefonica S.A. (TEF) Given Consensus Recommendation of “Hold” by Analysts

Shares of Telefonica S.A. (NYSE:TEF) have earned an average rating of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company.

A number of research firms have recently issued reports on TEF. Berenberg Bank reiterated a “hold” rating on shares of Telefonica in a research note on Tuesday, March 19th. Macquarie cut shares of Telefonica from an “outperform” rating to a “neutral” rating in a research report on Wednesday, March 20th. Sanford C. Bernstein reissued a “sell” rating on shares of Telefonica in a research report on Friday, January 25th. Zacks Investment Research cut shares of Telefonica from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Finally, Goldman Sachs Group reissued a “hold” rating on shares of Telefonica in a research report on Tuesday, February 26th.

Shares of NYSE TEF traded up $0.01 during midday trading on Wednesday, reaching $8.42. 3,453,533 shares of the company’s stock traded hands, compared to its average volume of 1,558,032. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.73 and a current ratio of 0.79. Telefonica has a one year low of $7.70 and a one year high of $10.22. The company has a market cap of $43.67 billion, a PE ratio of 8.86 and a beta of 0.68.

Large investors have recently bought and sold shares of the stock. Legacy Financial Advisors Inc. lifted its position in Telefonica by 83.3% during the fourth quarter. Legacy Financial Advisors Inc. now owns 2,933 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 1,333 shares during the last quarter. Proficio Capital Partners LLC lifted its position in Telefonica by 69.0% during the fourth quarter. Proficio Capital Partners LLC now owns 3,552 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 1,450 shares during the last quarter. Marshall Wace North America L.P. purchased a new stake in Telefonica during the third quarter valued at approximately $88,000. Quadrant Capital Group LLC lifted its position in Telefonica by 287.9% during the fourth quarter. Quadrant Capital Group LLC now owns 13,839 shares of the utilities provider’s stock valued at $105,000 after acquiring an additional 10,271 shares during the last quarter. Finally, Creative Planning lifted its position in Telefonica by 18.7% during the fourth quarter. Creative Planning now owns 13,761 shares of the utilities provider’s stock valued at $116,000 after acquiring an additional 2,169 shares during the last quarter. 0.97% of the stock is owned by institutional investors.

Telefonica Company Profile

Telefónica, SA provides mobile and fixed communication services primarily in Europe and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.

Further Reading: What are retained earnings?

Analyst Recommendations for Telefonica (NYSE:TEF)

Receive News & Ratings for Telefonica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica and related companies with MarketBeat.com's FREE daily email newsletter.