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    TEF   ES0178430E18

TELEFÓNICA, S.A.

(TEF)
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Telefonica Buys Britain's Cancom for GBP340 Million Enterprise Value

07/29/2021 | 01:23am EDT

By Ian Walker

Telefonica SA said Thursday that it is buying Cancom Ltd. for an enterprise value of 340 million pounds ($472.7 million) as part of its consolidation strategy in the U.K.

The Spanish telecommunication company said that it expects to close the deal, which is being made through its subsidiary Telefonica Cybersecurity & Cloud Tech, SL, within the coming days.

Cancom is a British company that provides end-to-end advanced cloud and security services in the U.K. and Ireland.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

07-29-21 0122ET

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Analyst Recommendations on TELEFÓNICA, S.A.
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Financials
Sales 2021 39 316 M 45 936 M 45 936 M
Net income 2021 9 852 M 11 511 M 11 511 M
Net Debt 2021 34 303 M 40 079 M 40 079 M
P/E ratio 2021 2,48x
Yield 2021 7,19%
Capitalization 23 378 M 27 305 M 27 315 M
EV / Sales 2021 1,47x
EV / Sales 2022 1,47x
Nbr of Employees 111 490
Free-Float 89,3%
Chart TELEFÓNICA, S.A.
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Technical analysis trends TELEFÓNICA, S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Last Close Price 4,18 €
Average target price 4,68 €
Spread / Average Target 12,0%
EPS Revisions
Managers and Directors
José María Álvarez-Pallete López Executive Chairman & Chief Executive Officer
Laura Abasolo García de Baquedano Chief Financial & Control Officer
Alejandro Ramos Chief Information Security Officer
Ángel Vilá Vilá Boix Chief Operating Officer & Director
Peter Erskine Independent Non-Executive Director
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