Latest news with #TelstraCorporationLimited
Business Insider
4 days ago
- Business
- Business Insider
Morgan Stanley Reaffirms Their Buy Rating on Telstra Corporation Limited (TTRAF)
In a report released today, Andrew McLeod from Morgan Stanley maintained a Buy rating on Telstra Corporation Limited, with a price target of A$4.95. The company's shares closed last Friday at $3.35. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, McLeod is a 3-star analyst with an average return of 3.3% and a 55.56% success rate. McLeod covers the Communication Services sector, focusing on stocks such as Telstra Corporation Limited, CAR Group, and Event Hospitality & Entertainment Ltd.. In addition to Morgan Stanley, Telstra Corporation Limited also received a Buy from Jefferies's Roger Samuel in a report issued on August 1. However, today, Bell Potter maintained a Hold rating on Telstra Corporation Limited (Other OTC: TTRAF). Based on Telstra Corporation Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $11.6 billion and a net profit of $1.03 billion. In comparison, last year the company earned a revenue of $11.43 billion and had a net profit of $964 million
Business Insider
4 days ago
- Business
- Business Insider
Morgans Keeps Their Hold Rating on Telstra Corporation Limited (TTRAF)
Morgans analyst Nick Harris maintained a Hold rating on Telstra Corporation Limited today and set a price target of A$4.70. The company's shares closed last Friday at $3.35. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Harris is a 2-star analyst with an average return of 1.3% and a 42.98% success rate. Harris covers the Technology sector, focusing on stocks such as Atturra Limited, Xero Limited, and Megaport. In addition to Morgans, Telstra Corporation Limited also received a Hold from J.P. Morgan's Bob Chen CFA in a report issued today. However, on August 1, Jefferies maintained a Buy rating on Telstra Corporation Limited (Other OTC: TTRAF). The company has a one-year high of $3.50 and a one-year low of $2.19. Currently, Telstra Corporation Limited has an average volume of 2,685.
Business Insider
15-07-2025
- Business
- Business Insider
Morgans upgrades Telstra Corporation Limited (TTRAF) to a Hold
Morgans analyst Nick Harris upgraded Telstra Corporation Limited to a Hold today and set a price target of A$4.70. The company's shares closed last Thursday at $3.18. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Harris covers the Technology sector, focusing on stocks such as Nextdc Limited, Atturra Limited, and Megaport. According to TipRanks, Harris has an average return of 0.6% and a 40.68% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telstra Corporation Limited with a $3.08 average price target.
Business Insider
11-06-2025
- Business
- Business Insider
Ord Minnett Remains a Buy on Telstra Corporation Limited (TTRAF)
Ord Minnett analyst maintained a Buy rating on Telstra Corporation Limited (TTRAF – Research Report) today and set a price target of A$5.00. The company's shares closed last Thursday at $3.15. Confident Investing Starts Here: In addition to Ord Minnett, Telstra Corporation Limited also received a Buy from Morgan Stanley's Andrew McLeod in a report issued on May 28. However, on the same day, UBS downgraded Telstra Corporation Limited (Other OTC: TTRAF) to a Hold. The company has a one-year high of $3.45 and a one-year low of $2.19. Currently, Telstra Corporation Limited has an average volume of 29.92K. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TTRAF in relation to earlier this year.
Business Insider
30-05-2025
- Business
- Business Insider
Jarden Sticks to Its Buy Rating for Telstra Corporation Limited (TTRAF)
Jarden analyst Tom Beadle maintained a Buy rating on Telstra Corporation Limited (TTRAF – Research Report) on May 28 and set a price target of A$4.70. The company's shares closed last Wednesday at $3.00. Confident Investing Starts Here: Beadle covers the Communication Services sector, focusing on stocks such as TPG Telecom Limited, Telstra Corporation Limited, and Seek Limited. According to TipRanks, Beadle has an average return of -0.7% and a 55.41% success rate on recommended stocks. In addition to Jarden, Telstra Corporation Limited also received a Buy from Morgan Stanley's Andrew McLeod in a report issued on May 28. However, on the same day, UBS downgraded Telstra Corporation Limited (Other OTC: TTRAF) to a Hold. TTRAF market cap is currently $34.81B and has a P/E ratio of 29.11. Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TTRAF in relation to earlier this year.
