ValuEngine Upgrades Telefonica S.A. To aEUR~5' Rating

(Comment on this article at http://www.financialwire.net/2009/11/05/valuengine-upgrades-telefonica-sa-to-%e2%80%985%e2%80%99-rating/)

November 5, 2009 (FinancialWire) (Investrend Research Syndicate) -- ValuEngine, Inc. has upgraded Telefonica S.A. (NYSE: TEF) to a "5" rating, the service's highest.

The ValuEngine Rating is an overall assessment of a stock's attractiveness. It combines the following five factors: ValuEngine's proprietary valuation, risk-return tradeoff, momentum, market capitalization and ValuEngine's proprietary forecasted one-month return. Approximately 80 to 85 companies achieve this highest ValuEngine rating out of VE's total coverage of over 5,000 publicly traded companies.

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