Telstra Co. Limited Receives “Outperform” Rating from Credit Suisse (TLS)
Telstra Co. Limited (ASX:TLS)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse in a note issued to investors on Sunday, AnalystRatingsNetwork reports. They currently have a $5.70 price objective on the stock.
A number of other analysts have also recently weighed in on TLS. Analysts at Bank of America reiterated a “buy” rating on shares of Telstra Co. Limited in a research note on Wednesday, January 22nd. They now have a $5.85 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Telstra Co. Limited in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of A$5.12 ($4.57).
Telstra Co. Limited (ASX:TLS) traded up 0.97% on Friday, hitting A$5.200. The stock had a trading volume of 114,000 shares. Telstra Co. Limited has a 1-year low of A$4.440 and a 1-year high of A$5.300. The stock has a 50-day moving average of A$5.14 and a 200-day moving average of A$5.01. The company has a market cap of A$64.564 billion and a price-to-earnings ratio of 16.83.
Telstra Corporation Limited (ASX:TLS) telecommunications and information services company providing telecommunications and information services for domestic and international customers.
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