Telstra Co. Receives “Hold” Rating from Deutsche Bank (TLS)
TLS has been the subject of a number of other recent research reports. Analysts at CIMB reiterated an “add” rating on shares of Telstra Co. in a research note on Thursday, August 14th. They now have a $5.73 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of A$5.44 ($5.09).
Telstra Co. (ASX:TLS) traded up 1.25% during mid-day trading on Wednesday, hitting A$5.660. 27,650,344 shares of the company’s stock traded hands. Telstra Co. has a 1-year low of A$4.770 and a 1-year high of A$5.650. The stock’s 50-day moving average is A$5.40 and its 200-day moving average is A$5.22. The company has a market cap of A$70.305 billion and a P/E ratio of 16.25.
Telstra Corporation Limited (ASX:TLS) telecommunications and information services company providing telecommunications and information services for domestic and international customers.
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