Tele Columbus (TC1) Given a €2.70 Price Target by Barclays Analysts

Tele Columbus (ETR:TC1) has been given a €2.70 ($3.14) price objective by research analysts at Barclays in a note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Barclays‘s target price points to a potential upside of 27.00% from the stock’s current price.

A number of other equities research analysts also recently commented on TC1. 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 report on Tuesday, December 18th. Goldman Sachs Group set a €2.80 ($3.26) price objective on shares of Tele Columbus and gave the company a “neutral” rating in a research report on Monday, January 7th. JPMorgan Chase & Co. set a €3.00 ($3.49) price objective on shares of Tele Columbus and gave the company a “neutral” rating in a research report on Friday, February 8th. Finally, Commerzbank set a €1.60 ($1.86) price objective on shares of Tele Columbus and gave the company a “sell” rating in a research report on Thursday, February 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €3.15 ($3.66).

Shares of ETR:TC1 opened at €2.13 ($2.47) on Wednesday. The company has a debt-to-equity ratio of 399.18, a current ratio of 0.76 and a quick ratio of 0.69. The stock has a market capitalization of $254.52 million and a P/E ratio of -7.26. Tele Columbus has a 52 week low of €1.48 ($1.72) and a 52 week high of €8.22 ($9.56).

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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