ValuEngine upgraded shares of Telstra Corp. (OTCMKTS:TLSYY) from a hold rating to a buy rating in a research note published on Friday.

Several other research analysts have also recently commented on the stock. J P Morgan Chase & Co cut shares of Telstra Corp. from an overweight rating to a neutral rating in a research report on Thursday, August 17th. Zacks Investment Research upgraded shares of Telstra Corp. from a hold rating to a strong-buy rating and set a $19.00 price objective for the company in a report on Thursday, August 3rd.

Shares of Telstra Corp. (OTCMKTS:TLSYY) opened at 13.34 on Friday. Telstra Corp. has a 12 month low of $13.17 and a 12 month high of $20.05. The firm has a market cap of $31.69 billion, a P/E ratio of 10.18 and a beta of 0.63. The company has a 50-day moving average of $14.41 and a 200-day moving average of $15.98.

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The business also recently disclosed a None dividend, which was paid on Thursday, October 5th. Stockholders of record on Wednesday, August 30th were issued a $0.587 dividend. The ex-dividend date of this dividend was Monday, August 28th.

Telstra Corp. Company Profile

Telstra Corporation Limited (Telstra) is a telecommunications and technology company. Its principal activity is to provide telecommunications and information services for domestic and international customers. The Company operates through four segments. The Telstra Retail segment provides telecommunication products, services and solutions across mobiles, fixed and mobile broadband, telephony and Pay television/Internet Protocol television and digital content.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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