Hutchison Telecommunications (HTA) Stock Recommendation

Credit Suisse have an Outperform recommendation for the Hutchison Telecommunications (HTA) stock with a share price target of $0.42. The broker has noted that the outlook appears to be improving for the company and their analysts expect the company to be EBITDA positive from 2H06. Meanwhile, Deutsche Bank have rated the stock as a Hold and a stock target price of 30 cents. The HTA company result was below their expectations. JP Morgan is Underweight with a share price target of 25 cents. Merrill Lynch have given Hutchison Telecommunications a Sell, High Risk rating, seeing nothing improving and a share price target of 24 cents. Finally, SB Citigroup rates HTA as a Hold, Speculative Risk.

Hutchison Telecommunications (Australia) Limited is listed on the Australian Stock Exchange (ASX) under stock code HTA. You can view their investor website here. Find out the meaning of the recommendations in this primer. Browse for other broker recommendations. Check your charts and good luck with your share trading!