Hauck & Aufhaeuser Reiterates €12.80 Price Target for Tele Columbus (TC1)

Tele Columbus (ETR:TC1) received a €12.80 ($15.24) target price from research analysts at Hauck & Aufhaeuser in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price points to a potential upside of 39.89% from the company’s previous close.

A number of other brokerages have also weighed in on TC1. Goldman Sachs Group set a €11.00 ($13.10) price objective on shares of Tele Columbus and gave the company a “buy” rating in a report on Thursday, November 23rd. JPMorgan Chase & Co. set a €10.40 ($12.38) price objective on shares of Tele Columbus and gave the company a “buy” rating in a report on Tuesday, October 17th. Barclays set a €10.60 ($12.62) price objective on shares of Tele Columbus and gave the company a “buy” rating in a report on Monday, October 16th. Commerzbank set a €9.00 ($10.71) price objective on shares of Tele Columbus and gave the company a “neutral” rating in a report on Wednesday, November 22nd. Finally, Macquarie set a €8.70 ($10.36) price objective on shares of Tele Columbus and gave the company a “neutral” rating in a report on Monday, September 18th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Tele Columbus presently has an average rating of “Buy” and a consensus target price of €10.50 ($12.50).

Shares of Tele Columbus (ETR TC1) opened at €9.15 ($10.89) on Wednesday. Tele Columbus has a fifty-two week low of €7.63 ($9.08) and a fifty-two week high of €10.40 ($12.38). The firm has a market cap of $1,170.00 and a price-to-earnings ratio of 228.75.

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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.

Analyst Recommendations for Tele Columbus (ETR:TC1)

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