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Telecom Argentina (TEO) Stock Forecast & Price Target

Telecom Argentina logo
$9.54
+0.26 (+2.80%)
(As of 11/4/2024 ET)

Telecom Argentina - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
0
Buy
0

Based on 2 Wall Street analysts who have issued ratings for Telecom Argentina in the last 12 months, the stock has a consensus rating of "Sell." Out of the 2 analysts, 2 have given a sell rating for TEO.

Consensus Price Target

$6.10
-36.06% Downside
According to the 2 analysts' twelve-month price targets for Telecom Argentina, the average price target is $6.10. The highest price target for TEO is $6.10, while the lowest price target for TEO is $6.10. The average price target represents a forecasted downside of -36.06% from the current price of $9.54.
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TEO Analyst Ratings Over Time

TypeCurrent Forecast
11/5/23 to 11/4/24
1 Month Ago
10/6/23 to 10/5/24
3 Months Ago
8/7/23 to 8/6/24
1 Year Ago
11/5/22 to 11/5/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
N/A
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
N/A
Sell
2 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$6.10$6.10$5.70N/A
Forecasted Upside-36.06% Downside-23.17% Downside-5.94% DownsideN/A
Consensus Rating
Sell
Sell
Hold
N/A

TEO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TEO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Telecom Argentina Stock vs. The Competition

TypeTelecom ArgentinaUtilities CompaniesS&P 500
Consensus Rating Score
1.00
2.50
2.50
Consensus RatingSellModerate BuyHold
Predicted Upside-36.26% Downside20.43% Upside10.42% Upside
News Sentiment Rating
Positive News

See Recent TEO News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/23/2024The Goldman Sachs Group
2 of 5 stars
V. Tomita
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageSell
9/20/2024Scotiabank
5 of 5 stars
A. Coello
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeSector Perform ➝ Sector Underperform$5.70 ➝ $6.10-28.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:25 PM ET.


TEO Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Telecom Argentina is $6.10, with a high forecast of $6.10 and a low forecast of $6.10.

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Telecom Argentina in the last twelve months. There are currently 2 sell ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" TEO shares.

According to analysts, Telecom Argentina's stock has a predicted downside of -36.06% based on their 12-month stock forecasts.

Over the previous 90 days, Telecom Argentina's stock had 1 upgrade and 1 downgrade by analysts.

Telecom Argentina has been rated by research analysts at Scotiabank, and The Goldman Sachs Group in the past 90 days.

Analysts like Telecom Argentina less than other "utilities" companies. The consensus rating for Telecom Argentina is Sell while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how TEO compares to other companies.


This page (NYSE:TEO) was last updated on 11/4/2024 by MarketBeat.com Staff
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