Goldman Sachs Group set a €2.80 ($3.26) target price on Tele Columbus (ETR:TC1) in a report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €2.50 ($2.91) price target on shares of Tele Columbus and gave the stock a neutral rating in a report on Thursday, April 25th. Barclays set a €2.70 ($3.14) price target on shares of Tele Columbus and gave the stock a buy rating in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of €3.08 ($3.58).
Shares of Tele Columbus stock opened at €1.91 ($2.22) on Wednesday. Tele Columbus has a 12-month low of €1.24 ($1.44) and a 12-month high of €4.09 ($4.75). The company has a market cap of $243.76 million and a price-to-earnings ratio of -1.36. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 433.16. The company’s 50-day moving average price is €1.95 and its 200-day moving average price is €1.81.
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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