Goldman Sachs Group Reiterates “€2.80” Price Target for Tele Columbus (ETR:TC1)

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Goldman Sachs Group set a €2.80 ($3.26) price objective on Tele Columbus (ETR:TC1) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other analysts have also recently weighed in on the stock. JPMorgan Chase & Co. set a €2.50 ($2.91) price target on shares of Tele Columbus and gave the company 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 company a buy rating in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Tele Columbus currently has a consensus rating of Hold and a consensus price target of €3.08 ($3.58).

ETR:TC1 opened at €1.91 ($2.22) on Wednesday. Tele Columbus has a fifty-two week low of €1.24 ($1.44) and a fifty-two week high of €4.09 ($4.75). The stock has a market capitalization of $243.76 million and a P/E ratio of -1.36. The company has a debt-to-equity ratio of 433.16, a quick ratio of 0.56 and a current ratio of 0.71. The company’s 50-day simple moving average is €1.95 and its 200-day simple moving average is €1.81.

Tele Columbus Company Profile

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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