Deutsche Bank Reiterates Hold Rating for Telstra Co. (TLS)
Other equities research analysts have also recently issued reports about the stock. Analysts at CIMB reiterated an “add” rating on shares of Telstra Co. in a research note on Friday, August 22nd. They now have a $5.73 price target on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of A$5.44 ($5.04).
Telstra Co. (ASX:TLS) traded up 0.18% during mid-day trading on Thursday, hitting A$5.540. The stock had a trading volume of 20,860,000 shares. Telstra Co. has a 52 week low of A$4.770 and a 52 week high of A$5.760. The stock’s 50-day moving average is A$5.48 and its 200-day moving average is A$5.25. The company has a market cap of A$68.814 billion and a price-to-earnings ratio of 16.08.
Telstra Corporation Limited (ASX:TLS) telecommunications and information services company providing telecommunications and information services for domestic and international customers.
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