Telefonica S.A (NYSE:TEF) Rating Upped
In an analyst note revealed to clients on Friday, 20 October, Barclays upgraded shares of Telefonica S.A (NYSE:TEF) to “Equal Weight” rating from “Underweight” rating.
In spite of the stock upgrade NYSE:TEF is at the moment trading -0.14% lower at $10.38 as of 4:04 AM New York time. Telefonica S.A. shares have [From2] 0% in the last 200 days, while the S&P 500 Index has surged 6.00% during the same time.
Telefonica S.A (NYSE:TEF) Profile
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).
Telefonica S.A (NYSE:TEF) traded down -0.14% on 20 October, hitting $10.38. A total of 666,710 shares of the company’s stock traded hands. This is down from average of 1.19 million shares. Telefonica S.A. has a 52 week low of $8.15 and a 52 week high of $11.64. The company has a market cap of $54.20 billion and a P/E ratio of 18.04.
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