Telefónica’s Share Price Has an Upward Potential of 34%: This Is the Value It Could Reach According to Goldman Sachs
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Goldman Sachs keeps Telefónica among its favorite values within the European telecommunications sector and sees a 34% upward path for its shares. The US entity has reiterated its recommendation of purchase and has established an objective price of 4.90 euros per title, relying especially on the prospects of the businesses of Spain and Brazil. The analysis of the bank points to a stage of recovery and value generation for European telecommunicati…
The US firm has set an objective price of €4.90 per share.
Forbes España
DPL NewsGoldman Sachs has placed Telefónica among its main stakes in the European telecommunications sector and has granted it a 34% bullish potential, highlighting the strength of its markets in Spain and Brazil, the improvement of its fundamental operations and the value that could emerge through greater sectoral consolidation. [...] Goldman Sachs ticket grants Telefónica a 34% bullish potential aparece primero en Forbes España.
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