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Bank of America Securities Sticks to Its Buy Rating for Telefonica (TEF)
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Bank of America Securities Sticks to Its Buy Rating for Telefonica (TEF)

In a report released today, David Wright from Bank of America Securities maintained a Buy rating on Telefonica (TEFResearch Report). The company’s shares opened today at $4.39.

According to TipRanks, Wright is ranked #4763 out of 8801 analysts.

Telefonica has an analyst consensus of Hold, with a price target consensus of $4.71.

TEF market cap is currently $25.77B and has a P/E ratio of -24.46.

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Telefonica (TEF) Company Description:

Founded in 1924, Spain-based Telefónica SA provides mobile and fixed communication services in Europe and Latin America.

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