How Bad Does O2 (ETR:O2D) Look Now? Morgan Stanley Has Just Downgraded Shares


O2 (ETR:O2D) Receives a Downgrade

In a very recent research note revealed to investors on 19 December, Morgan Stanley has decided to cut their rating on shares of O2 (ETR:O2D) to a “Underweight” and has established an estimated 12-month target price per share equal to EUR 4.80. This target is -4.76% from O2D’s current share price.

From a total of 12 analysts covering O2 (ETR:O2D) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 58% of the ratings are positive. The highest target price is €6.32 while the lowest target price is €4.70. The mean of all analyst targets is €5.92 with a 17.46% above today’s (€5.04) stock price. O2 was the topic of 29 analyst reports since June 23, 2015 according to the firm StockzIntelligence Inc. Hauck & Aufhäuser Privatbankiers KGaA upgraded shares on December 8 to “Buy” rating. Warburg Research maintained shares with “Hold” rating and €5.90 target share price in a report from an October 30. Berenberg upgraded O2D stock in a recent report from November 17 to “Buy” rating. Commerzbank upgraded the rating on October 22. Commerzbank has a “Add” rating and a €6.20 price target on shares. Finally, Bankhaus Lampe maintained the stock with “Hold” rating in a report issued on a November 6.

The stock decreased 1.25% or EUR 0.06 on December 18, striking EUR 5.04. Approximately 8.26M shares of stock traded hands or 227.78% up from the average. Telefonica Deutschland Holding AG (ETR:O2D) has risen 8.22% since May 22, 2015 and is uptrending. It has outperformed by 12.03% the S&P500.

 How Bad Does O2 (ETR:O2D) Look Now? Morgan Stanley Has Just Downgraded Shares

Telefonica Deutschland Holding AG is a Germany firm engaged in the telecommunication industry. The company has a market cap of 14.61 billion EUR. The Firm offers mobile and fixed-line services providing voice, data and other services to retail and business customers. It currently has negative earnings. It also acts as a wholesale provider, offering access to its infrastructure and service capabilities to its wholesale partners.