Telecom Argentina SA has a consensus price target of $7.2 based on the ratings of 2 analysts. The high is $8.3 issued by Goldman Sachs on November 20, 2024. The low is $6.1 issued by Scotiabank on September 20, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Scotiabank, and Scotiabank on November 20, 2024, September 20, 2024, and November 24, 2023, respectively. With an average price target of $6.7 between Goldman Sachs, Scotiabank, and Scotiabank, there's an implied -47.86% downside for Telecom Argentina SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Telecom Argentina (NYSE:TEO) was reported by Goldman Sachs on November 20, 2024. The analyst firm set a price target for $8.30 expecting TEO to fall to within 12 months (a possible -35.41% downside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Telecom Argentina (NYSE:TEO) was provided by Goldman Sachs, and Telecom Argentina maintained their sell rating.
The last upgrade for Telecom Argentina SA happened on August 6, 2024 when Scotiabank raised their price target to N/A. Scotiabank previously had a sector underperform for Telecom Argentina SA.
The last downgrade for Telecom Argentina SA happened on September 20, 2024 when Scotiabank changed their price target from $5.7 to $6.1 for Telecom Argentina SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Telecom Argentina, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Telecom Argentina was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Telecom Argentina (TEO) rating was a maintained with a price target of $7.30 to $8.30. The current price Telecom Argentina (TEO) is trading at is $12.85, which is out of the analyst’s predicted range.
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