Tele Columbus AG (TC1) Receives €4.11 Average Price Target from Analysts

Tele Columbus AG (ETR:TC1) has received a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is €4.11 ($4.78).

TC1 has been the topic of several recent analyst reports. Hauck & Aufhaeuser set a €6.00 ($6.98) target price on Tele Columbus and gave the company a “buy” rating in a research report on Thursday, August 30th. Berenberg Bank set a €5.50 ($6.40) target price on Tele Columbus and gave the company a “buy” rating in a research report on Wednesday, August 29th. equinet reaffirmed a “buy” rating on shares of Tele Columbus in a research report on Wednesday, August 29th. Goldman Sachs Group set a €2.60 ($3.02) target price on Tele Columbus and gave the company a “neutral” rating in a research report on Thursday, August 23rd. Finally, JPMorgan Chase & Co. set a €5.50 ($6.40) target price on Tele Columbus and gave the company a “neutral” rating in a research report on Monday, August 20th.

Shares of ETR:TC1 opened at €3.28 ($3.81) on Friday. Tele Columbus has a 1 year low of €7.96 ($9.26) and a 1 year high of €10.40 ($12.09).

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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Analyst Recommendations for Tele Columbus (ETR:TC1)

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