Tele Columbus (ETR:TC1) received a €6.00 ($6.82) target price from investment analysts at Goldman Sachs Group in a research note issued to investors on Thursday. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 132.56% from the stock’s current price.

Several other analysts have also commented on TC1. JPMorgan Chase & Co. set a €8.10 ($9.20) price objective on Tele Columbus and gave the company a “neutral” rating in a report on Wednesday, April 18th. Hauck & Aufhaeuser set a €10.50 ($11.93) price objective on Tele Columbus and gave the company a “buy” rating in a report on Monday, April 23rd. Barclays set a €7.50 ($8.52) price objective on Tele Columbus and gave the company a “neutral” rating in a report on Friday, May 18th. Commerzbank set a €6.50 ($7.39) price objective on Tele Columbus and gave the company a “neutral” rating in a report on Wednesday, May 23rd. Finally, Berenberg Bank set a €8.40 ($9.55) price objective on Tele Columbus and gave the company a “buy” rating in a report on Tuesday, June 5th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €7.90 ($8.98).

Shares of TC1 opened at €2.58 ($2.93) on Thursday. Tele Columbus has a 12 month low of €7.96 ($9.05) and a 12 month high of €10.40 ($11.82).

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.

Further Reading: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for Tele Columbus (ETR:TC1)

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