DBS Reaffirms Their Buy Rating on China Telecom (ZCH)
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Yu CFA covers the Technology sector, focusing on stocks such as GDS Holdings, China Mobile, and China Unicom (Hong Kong). According to TipRanks, Yu CFA has an average return of 14.7% and a 47.37% success rate on recommended stocks.
China Telecom has an analyst consensus of Strong Buy, with a price target consensus of €0.76.
Based on China Telecom's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €131.6 billion and a net profit of €3.71 billion. In comparison, last year the company earned a revenue of €126.74 billion and had a net profit of €3.35 billion
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