J.P. Morgan Sticks to Their Hold Rating for Telefonica (0TDE)
J.P. Morgan analyst Akhil Dattani maintained a Hold rating on Telefonica today and set a price target of €3.90.
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Dattani covers the Services sector, focusing on stocks such as Deutsche Telekom, Inwit, and Telefonica. According to TipRanks, Dattani has an average return of 3.2% and a 53.03% success rate on recommended stocks.
In addition to J.P. Morgan, Telefonica also received a Hold from TR | OpenAI – 4o’s Dialyn Tone in a report issued yesterday. However, on November 18, Goldman Sachs maintained a Buy rating on Telefonica (LSE: 0TDE).
Based on Telefonica’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €9.36 billion and a net profit of €276 million. In comparison, last year the company earned a revenue of €10.02 billion and had a net profit of €10 million
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0TDE in relation to earlier this year.
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