Analysts Offer Insights on Communication Services Companies: TPG Telecom Limited (OtherTPGTF) and REA Group Ltd (OtherRPGRF)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on TPG Telecom Limited (TPGTF – Research Report) and REA Group Ltd (RPGRF – Research Report).
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TPG Telecom Limited (TPGTF)
In a report issued on May 7, Tom Beadle from Jarden maintained a Buy rating on TPG Telecom Limited, with a price target of A$5.10. The company's shares closed last Friday at $2.95, equals to its 52-week low of $2.95.
According to TipRanks.com, Beadle is a 1-star analyst with an average return of -1.4% and a 55.3% success rate. Beadle covers the NA sector, focusing on stocks such as Telstra Corporation Limited, REA Group Ltd, and Seek Limited.
The word on The Street in general, suggests a Hold analyst consensus rating for TPG Telecom Limited with a $3.18 average price target.
Morgans analyst Steven Sassine maintained a Hold rating on REA Group Ltd today and set a price target of A$250.00. The company's shares closed last Monday at $149.00.
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