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Telstra Co. (ASX:TLS)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Thursday. They currently have a $5.14 price objective on the stock.

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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