♔ The Trade Off
Berenberg Bank Keeps Their Hold Rating on Telefonica (0TDE)
Berenberg Bank analyst maintained a Hold rating on Telefonica yesterday and set a price target of €4.30. The company’s shares closed yesterday at €4.51.
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In addition to Berenberg Bank, Telefonica also received a Hold from J.P. Morgan’s Akhil Dattani in a report issued on October 27. However, on the same day, Kepler Capital maintained a Sell rating on Telefonica (LSE: 0TDE).
The company has a one-year high of €4.90 and a one-year low of €3.71. Currently, Telefonica has an average volume of 1.2M.
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