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.
The latest update is out from Telstra Corporation Limited ( (AU:TLS) ).
Telstra Group Limited has announced the pricing of a €550 million bond issue, equivalent to approximately AUD $985 million, under its Debt Issuance Program. The bonds, which have a 9.5-year maturity, are intended to support general corporate purposes, indicating Telstra’s strategic financial management and potential for growth within the telecommunications sector.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$4.75 price target. To see the full list of analyst forecasts on Telstra Corporation Limited stock, see the AU:TLS Stock Forecast page.
More about Telstra Corporation Limited
Telstra Corporation Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile, internet, and enterprise solutions. It focuses on delivering innovative communication solutions to both individual consumers and businesses, maintaining a strong presence in the Australian market.
Average Trading Volume: 23,716,489
Technical Sentiment Signal: Buy
Current Market Cap: A$56.94B
Learn more about TLS stock on TipRanks’ Stock Analysis page.