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Goldman Sachs Reaffirms Their Buy Rating on Telefonica (0TDE)

Tipranks - Tipranks - Sun Jan 11, 2:56AM CST

Goldman Sachs analyst Andrew Lee maintained a Buy rating on Telefonica on January 8. The company’s shares closed yesterday at €3.45.

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Lee covers the Communication Services sector, focusing on stocks such as Telefonica, Telenor, and Vodafone. According to TipRanks, Lee has an average return of 2.2% and a 51.79% success rate on recommended stocks.

Telefonica has an analyst consensus of Hold, with a price target consensus of $4.36.

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0TDE market cap is currently €19.68B and has a P/E ratio of -9.35.

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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