Credit Suisse rates TLS as Outperform - Target $5.54 (was $5.05). The broker expects upgrades to consensus earnings estimates for FY08 of as much as 10% in coming months given the company's fundamentals are improving in both its fixed line and mobile operations.
Supporting its view is the expectation free cash flow will double in FY08, which potentially sets the scene for higher dividends in FY08 and FY09.
Target price is $5.54 Current Price is $4.58 Difference:$0.96 - (brackets indicate current price is over target). If TLS meets the Credit Suisse target it will return approximately 21% (excluding dividends, fees and charges - negative figures indicate an expected loss).
The company's fiscal year ends in June. Credit Suisse forecasts a full year FY07 dividend of 28.00 cents and EPS of 32.30 cents. At the last closing share price the estimated dividend yield is 6.11%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 14.18.
FNArena
tls as outperform target 5 54
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Last
$3.61 |
Change
-0.010(0.28%) |
Mkt cap ! $41.71B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.61 | $3.57 | $88.57M | 24.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38155 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.61 | 771370 | 13 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| TLS (ASX) Chart |