Telefónica Deutschland (OTCMKTS:TELDF) Upgraded at Bank of America

Bank of America upgraded shares of Telefónica Deutschland (OTCMKTS:TELDF) from an underperform rating to a buy rating in a research note issued to investors on Wednesday, The Fly reports.

TELDF has been the topic of several other reports. UBS Group restated a buy rating on shares of Telefónica Deutschland in a report on Thursday, November 11th. Barclays reiterated an overweight rating on shares of Telefónica Deutschland in a report on Thursday, November 4th. BNP Paribas cut shares of Telefónica Deutschland from a neutral rating to an underperform rating in a report on Friday, October 1st. Finally, JPMorgan Chase & Co. reiterated an overweight rating on shares of Telefónica Deutschland in a report on Thursday, November 4th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and an average target price of $2.76.

Shares of OTCMKTS:TELDF opened at $2.90 on Wednesday. Telefónica Deutschland has a 12 month low of $2.56 and a 12 month high of $3.26. The stock’s 50 day moving average price is $2.77 and its 200 day moving average price is $2.79.

Telefónica Deutschland Company Profile

Telefónica Deutschland Holding AG engages in the telecommunication industry. It provides wireless and wire line telephony, internet services, and access to its infrastructure and service capabilities for its partners in the country. The firm offers mobile and fixed services for private and business customers, as well as digital products and services in the fields of Internet of Things and data analytics.

Read More: Overweight

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Analyst Recommendations for Telefónica Deutschland (OTCMKTS:TELDF)

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