Tele Columbus (ETR:TC1) received a €10.60 ($13.09) price target from analysts at Barclays in a research report issued to clients and investors on Tuesday. The firm presently has a “buy” rating on the stock. Barclays’ price target indicates a potential upside of 11.58% from the company’s current price.
Several other analysts have also recently weighed in on the company. Hauck & Aufhaeuser set a €12.80 ($15.80) price objective on Tele Columbus and gave the stock a “buy” rating in a report on Tuesday, February 13th. JPMorgan Chase & Co. set a €10.00 ($12.35) price objective on Tele Columbus and gave the stock a “buy” rating in a report on Tuesday, January 30th. Berenberg Bank set a €10.50 ($12.96) price objective on Tele Columbus and gave the stock a “buy” rating in a report on Tuesday, December 12th. Goldman Sachs Group set a €11.00 ($13.58) price objective on Tele Columbus and gave the stock a “buy” rating in a report on Thursday, November 23rd. Finally, Commerzbank set a €9.00 ($11.11) price objective on Tele Columbus and gave the stock a “neutral” rating in a report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Tele Columbus presently has an average rating of “Buy” and an average price target of €10.45 ($12.90).
Shares of Tele Columbus (TC1) opened at €9.50 ($11.73) on Tuesday. The firm has a market capitalization of $1,210.00 and a PE ratio of 237.50. Tele Columbus has a twelve month low of €7.63 ($9.42) and a twelve month high of €10.40 ($12.84).
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Tele Columbus Company Profile
Tele Columbus AG, together with its subsidiaries, operates cable networks in Germany. It operates through two segments, TV and Internet and Telephony. The TV segment offers analogue and digital TV and radio services, as well as premium TV packages that comprise approximately 75 additional digital TV programs.
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