Tele Columbus (ETR:TC1) has been assigned a €4.00 ($4.65) price target by investment analysts at JPMorgan Chase & Co. in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 64.61% from the company’s current price.
Several other brokerages have also recently weighed in on TC1. Hauck & Aufhaeuser set a €7.30 ($8.49) price target on shares of Tele Columbus and gave the stock a “neutral” rating in a research report on Thursday, May 17th. Barclays set a €7.50 ($8.72) price target on shares of Tele Columbus and gave the stock a “neutral” rating in a research report on Friday, May 18th. Goldman Sachs Group set a €6.00 ($6.98) price objective on shares of Tele Columbus and gave the stock a “neutral” rating in a research note on Thursday, August 16th. Berenberg Bank set a €8.40 ($9.77) price objective on shares of Tele Columbus and gave the stock a “buy” rating in a research note on Tuesday, June 5th. Finally, equinet reaffirmed a “buy” rating on shares of Tele Columbus in a research note on Wednesday, August 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €6.00 ($6.98).
Shares of TC1 opened at €2.43 ($2.83) on Tuesday. Tele Columbus has a fifty-two week low of €7.96 ($9.26) and a fifty-two week high of €10.40 ($12.09).
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.
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