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Professional Analysts at Jefferies Upgraded Telefonica S.A (NYSE:TEF) from Underperform to Hold Rating

Jefferies Co Analyst Rating Change Telefonica S.A. NYSE:TEF

Telefonica S.A (NYSE:TEF) Change of Rating

New York-listed Telefonica S.A (NYSE:TEF), was increased by equity analysts at Jefferies. The firm increased its rating on the $52.48 billion market cap company to Hold from a previous Underperform.

Despite the stock upgrade NYSE:TEF is right now trading -0.40% lower at $10.03 as of 4:07 AM New York time. Telefonica S.A. shares have [From2] 0% in the past 200 days, while the S&P500 Index has risen 6.00% for the same time.

TEF Stock Chart

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 -0.40% on 9 February, hitting $10.03. A total of 1.88 million shares of the company’s stock traded hands. This is up from average of 1.35 million shares. Telefonica S.A. has a 52 week low of $8.67 and a 52 week high of $11.64. The company has a market cap of $52.48 billion and a P/E ratio of 20.59.

Get the latest Telefonica S.A (NYSE:TEF) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Professional Analysts at Jefferies Upgraded Telefonica S.A (NYSE:TEF) from Underperform to Hold Rating appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Professional Analysts at Jefferies Upgraded Telefonica S.A (NYSE:TEF) from Underperform to Hold Rating

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