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Telstra Co. (ASX:TLS)‘s stock had its “add” rating restated by equities researchers at CIMB in a research report issued on Thursday. They currently have a $5.73 target price on the stock.

A number of other firms have also recently commented on TLS. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Telstra Co. in a research note on Tuesday. They now have a $5.14 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of A$5.44 ($5.04).

Telstra Co. (ASX:TLS) traded up 2.21% during mid-day trading on Thursday, hitting A$5.560. The stock had a trading volume of 70,000 shares. Telstra Co. has a one year low of A$4.770 and a one year high of A$5.580. The stock has a 50-day moving average of A$5.37 and a 200-day moving average of A$5.21. The company has a market cap of A$69.155 billion and a P/E ratio of 17.16.

Telstra Corporation Limited (ASX:TLS) telecommunications and information services company providing telecommunications and information services for domestic and international customers.

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