Telstra Co. Limited Stock Rating Reaffirmed by UBS AG (TLS)
Telstra Co. Limited (ASX:TLS)‘s stock had its “sell” rating restated by research analysts at UBS AG in a report released on Monday, StockRatingsNetwork.com reports.
Shares of Telstra Co. Limited (ASX:TLS) remained flat at A$4.880 during trading on Monday. The stock had a trading volume of 180,300 shares. Telstra Co. Limited has a 52-week low of A$3.700 and a 52-week high of A$5.150. The stock’s 50-day moving average is A$4.9 and its 200-day moving average is A$4.76. The company has a market cap of A$60.591 billion and a P/E ratio of 15.95.
A number of other firms have also recently commented on TLS. Analysts at Commonwealth Bank reiterated an “underweight” rating on shares of Telstra Co. Limited in a research note to investors on Wednesday, July 10th.
Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of A$4.30 ($3.88).
Telstra Corporation Limited (ASX:TLS) telecommunications and information services company providing telecommunications and information services for domestic and international customers.
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