Tele Columbus AG (TC1) Given Consensus Recommendation of “Hold” by Brokerages

Tele Columbus AG (ETR:TC1) has earned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is €3.08 ($3.58).

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. set a €2.50 ($2.91) price objective on Tele Columbus and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Barclays set a €2.70 ($3.14) price objective on Tele Columbus and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Goldman Sachs Group set a €2.80 ($3.26) price objective on Tele Columbus and gave the stock a “neutral” rating in a research note on Monday, April 15th. Hauck & Aufhaeuser set a €1.65 ($1.92) price objective on Tele Columbus and gave the stock a “neutral” rating in a research note on Thursday, April 4th. Finally, Commerzbank set a €1.60 ($1.86) price objective on Tele Columbus and gave the stock a “sell” rating in a research note on Thursday, February 14th.

Shares of ETR TC1 traded down €0.02 ($0.02) during mid-day trading on Thursday, reaching €1.54 ($1.79). The company’s stock had a trading volume of 263,082 shares, compared to its average volume of 69,830. The firm has a market cap of $184.36 million and a price-to-earnings ratio of -1.20. 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).

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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