Brokerages Set Tele Columbus AG (TC1) PT at $4.16

Tele Columbus AG (ETR:TC1) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is €4.16 ($4.83).

A number of analysts have commented on the stock. Hauck & Aufhaeuser set a €6.00 ($6.98) price objective on shares of Tele Columbus and gave the company a “buy” rating in a research note on Thursday, September 20th. Barclays set a €3.00 ($3.49) price target on shares of Tele Columbus and gave the stock a “neutral” rating in a research report on Thursday, September 27th. JPMorgan Chase & Co. set a €4.00 ($4.65) price target on shares of Tele Columbus and gave the stock a “neutral” rating in a research report on Wednesday, September 19th. Berenberg Bank set a €5.50 ($6.40) price target on shares of Tele Columbus and gave the stock a “buy” rating in a research report on Thursday, October 25th. Finally, Goldman Sachs Group set a €2.80 ($3.26) price target on shares of Tele Columbus and gave the stock a “neutral” rating in a research report on Monday, January 7th.

ETR:TC1 traded down €0.06 ($0.07) during mid-day trading on Friday, hitting €2.79 ($3.24). The company’s stock had a trading volume of 169,797 shares, compared to its average volume of 69,830. Tele Columbus has a 1 year low of €7.96 ($9.26) and a 1 year high of €10.40 ($12.09).

About Tele Columbus

Tele Columbus AG, together with its subsidiaries, operates broadband cable networks in Germany. The company operates through two segments, TV, and Internet and Telephony. The TV segment offers analogue, 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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