Telstra (TLS) Shares Recommendation

UBS currently has a Neutral 2 rating for Telstra (TLS) shares and a price target of $3.66 (based on DCF-based PT). UBS has observed that Telstra (TLS) has rebranded their Yellow operations to reflect the structural shift in the advertising directory business from print to online. Telstra hopes that the services: Yellow in the Car; Yellow Mobile; Home at Yellow and Yellow Offers "will extend the value proposition to advertisers via targeted marketing and increased access." The stock analyst has noted that in "FY06A Yellow grew 5.8% (print 2%) representing 64% of Sensis revenues (print 57%). As a consequence, we believe growth in Yellow remains the key for Sensis to achieve management's FY10 revenue target of $3bn." The next date to watch on Telstra's calendar is October 6, 2006 which is Telstra's strategy day where the telecommunications company is "expected to provide greater clarity on its 3-5 yr transformation plan and long-term forecasts."

Telstra Corporation Limited is listed on the Australian Stock Exchange (ASX) under stock code TLS. You can view their investor website here. TLS was first listed on the ASX on 17 November, 1997. Telstra (TLS) is a telecommunications Carrier. Provision of telecommunications and information services, including mobiles, internet, and pay television. 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!