Tele Columbus (ETR:TC1) PT Set at €2.80 by Goldman Sachs Group

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

TC1 has been the topic of several other research reports. JPMorgan Chase & Co. set a €2.50 ($2.91) target price on shares of Tele Columbus and gave the stock a neutral rating in a report on Thursday, April 25th. Barclays set a €2.70 ($3.14) target price on shares of Tele Columbus and gave the stock a buy rating in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €3.08 ($3.58).

Shares of Tele Columbus stock opened at €1.91 ($2.22) on Wednesday. The company has a debt-to-equity ratio of 433.16, a quick ratio of 0.56 and a current ratio of 0.71. Tele Columbus has a 52-week low of €1.24 ($1.44) and a 52-week high of €4.09 ($4.75). The stock has a market capitalization of $243.76 million and a price-to-earnings ratio of -1.36. The company’s 50 day moving average price is €1.95 and its 200-day moving average price is €1.81.

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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