Tele Columbus AG (TC1) Receives Average Rating of “Buy” from Analysts

Tele Columbus AG (ETR:TC1) has been given a consensus recommendation of “Buy” by the eight analysts that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is €10.45 ($12.90).

Several brokerages have issued reports on TC1. Goldman Sachs set a €11.00 ($13.58) target price on shares of Tele Columbus and gave the stock a “buy” rating in a report on Thursday, November 23rd. equinet set a €11.00 ($13.58) price target on shares of Tele Columbus and gave the company a “buy” rating in a report on Tuesday, November 21st. JPMorgan Chase & Co. set a €10.00 ($12.35) price target on shares of Tele Columbus and gave the company a “buy” rating in a report on Tuesday, January 30th. Barclays set a €10.60 ($13.09) price target on shares of Tele Columbus and gave the company a “buy” rating in a report on Tuesday, February 20th. Finally, Commerzbank set a €9.00 ($11.11) price target on shares of Tele Columbus and gave the company a “neutral” rating in a report on Wednesday, November 22nd.

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Tele Columbus (ETR:TC1) opened at €9.32 ($11.51) on Friday. Tele Columbus has a 1-year low of €7.96 ($9.83) and a 1-year high of €10.40 ($12.84). The stock has a market cap of $1,210.00 and a PE ratio of 233.00.

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About Tele Columbus

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.

Analyst Recommendations for Tele Columbus (ETR:TC1)

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