Tele Columbus AG (TC1) Receives €3.08 Consensus Target Price from Brokerages

Shares of Tele Columbus AG (ETR:TC1) have received a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is €3.08 ($3.58).

Several equities analysts have commented on the stock. Barclays set a €2.70 ($3.14) target price on shares of Tele Columbus and gave the company a “neutral” rating in a report on Monday, January 21st. Hauck & Aufhaeuser set a €2.80 ($3.26) target price on shares of Tele Columbus and gave the company a “neutral” rating in a report on Wednesday, January 30th. JPMorgan Chase & Co. set a €3.00 ($3.49) target price on shares of Tele Columbus and gave the company a “neutral” rating in a report on Friday, February 8th. Commerzbank set a €1.60 ($1.86) price target on shares of Tele Columbus and gave the company a “sell” rating in a research note on Thursday, February 14th. Finally, Goldman Sachs Group set a €2.80 ($3.26) price target on shares of Tele Columbus and gave the company a “neutral” rating in a research note on Monday, April 15th.

TC1 stock traded down €0.07 ($0.08) during mid-day trading on Thursday, hitting €1.65 ($1.92). The stock had a trading volume of 196,582 shares, compared to its average volume of 69,830. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 418.54. Tele Columbus has a 52 week low of €1.48 ($1.72) and a 52 week high of €7.04 ($8.19). The firm has a market cap of $197.17 million and a P/E ratio of -1.28.



Tele Columbus Company Profile

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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