Telstra Co. Rating Reiterated by Deutsche Bank (TLS)
A number of other analysts have also recently weighed in on TLS. Analysts at Macquarie reiterated a “neutral” rating on shares of Telstra Co. in a research note on Tuesday, March 25th. They now have a $4.80 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of A$5.31 ($4.92).
Shares of Telstra Co. (ASX:TLS) traded down 0.74% on Monday, hitting A$5.340. 19,431,136 shares of the company’s stock traded hands. Telstra Co. has a 1-year low of A$4.500 and a 1-year high of A$5.400. The stock has a 50-day moving average of A$5.19 and a 200-day moving average of A$5.13. The company has a market cap of A$66.419 billion and a price-to-earnings ratio of 16.97.
Telstra Corporation Limited (ASX:TLS) telecommunications and information services company providing telecommunications and information services for domestic and international customers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.