Telefonica (0TDE) Initiated with a Hold at Citi
In a report released today, Carl Murdock Smith from Citi initiated coverage with a Hold rating on Telefonica and a price target of €3.90.
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According to TipRanks, Murdock Smith is ranked #3564 out of 10052 analysts.
In addition to Citi, Telefonica also received a Hold from J.P. Morgan’s Akhil Dattani in a report issued on November 28. However, on November 18, Goldman Sachs maintained a Buy rating on Telefonica (LSE: 0TDE).
0TDE market cap is currently €21.09B and has a P/E ratio of -10.11.
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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