Morgan Stanley Has Just Given Telefonica (NYSE:TEF) a Higher Rating. Are Other Analysts Next?

June 13, 2018 - By Darrin Black

Telefónica, S.A. (NYSE:TEF) Logo

Telefonica (NYSE:TEF) Stock Upgrade

Morgan Stanley upgraded Telefonica (NYSE:TEF) shares to a “Buy” rating in an analyst note revealed to clients and investors today.

Telefónica, S.A. (NYSE:TEF) Ratings Coverage

Among 5 analysts covering Telefonica (NYSE:TEF), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Telefonica had 5 analyst reports since January 9, 2018 according to SRatingsIntel. The firm has “Buy” rating by Raymond James given on Wednesday, January 17. The stock has “Hold” rating by J.P. Morgan on Thursday, April 12. The stock of Telefónica, S.A. (NYSE:TEF) earned “Hold” rating by Credit Suisse on Friday, January 19. The rating was upgraded by Jefferies to “Hold” on Friday, February 9.

The stock decreased 0.80% or $0.07 during the last trading session, reaching $8.73. About 1.25 million shares traded. Telefónica, S.A. (NYSE:TEF) has declined 19.91% since June 14, 2017 and is downtrending. It has underperformed by 32.48% the S&P500.

Telefónica, S.A. provides mobile and fixed communication services primarily in the European Union and Latin America. The company has market cap of $44.83 billion. The companyÂ’s mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. It has a 12.49 P/E ratio. The Company’s fixed telecommunication services include PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance and fixed-to-mobile communications; corporate communications; supplementary and business oriented value-added; video telephony; intelligent network; and telephony information services.

More news for Telefónica, S.A. (NYSE:TEF) were recently published by:, which released: “Telefónica Showcasing GPS SmartSole and BioStride at CeBIT 2018” on June 13, 2018.‘s article titled: “Telefonica: Still Not Attractive Despite Lower Valuation” and published on May 21, 2018 is yet another important article.

Telefónica, S.A. (NYSE:TEF) Ratings Chart

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