TLS 0.52% $3.90 telstra group limited

Ann: Appendix 4E / Full Year Statutory Accounts , page-28

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    re: Ann: Appendix 4E / Full Year Statutory Ac... According to a news story in The Australian regarding analyst reactions to the results.

    Goldman Sachs JBWere made no change to its buy recommendation, but lowered its 52-week share price targets from $4.45 to $4.40.

    JPMorgan upgraded from its underweight recommendation to neutral, raising its share price from $3.10 to $3.39

    Credit Suisse maintained its 52-week share price target and recommendation of underperform at $3.30, as did Citigroup with hold high risk at $3.40.

    Nomura was the only major financial analyst to downgrade from neutral to reduce, shifting down its share price target from $3.26 to $3.21.
 
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