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.
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.
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