Telstra Group Ltd (ASX: TLS) stock has been a rather disappointing investment in recent months at first glance.
At the current stock price of $3.78, Telstra is down 4.66% year to date and down 10.1% over the past 12 months.
This ASX 200 telco and blue-chip share even hit a new 52-week low of $3.73 this week.
The company is also down close to 14% from its last 52-week high of $4.46 that we saw last May.
Check all of that out for yourself below:
Telstra stock has been a constant presence on the ASX for decades and is one of the most widely-held ASX 200 shares. As such, there are no doubt more than a few investors out there who have been left disappointed with this recent performance.
That's despite more recent wins for investors. In February, Telstra announced its third hike for its interim dividend in a row. Telstra will be paying out its interim dividend of 9 cents per share (fully franked of course) today, as it happens. That's up from 8.5 cents this time last year and 8 cents in 2022.
Despite these hikes, investors still don't seem placated.
So it might be a good time to ask whether Telstra stock is a buy, hold or sell today.
Image source: Getty Images
Telstra stock: Buy, hold or sell?
Well, more than one ASX expert seems united on this one.
Last week, my Fool colleague James looked at the buy rating that ASX broker Goldman Sachs has given Telstra. Goldman named the telco as a 'buy', and gave Telstra shares a 12-month share price target of $4.55. That would obviously result in some huge gains for investors if realised.
Goldman named Telstra's "low risk earnings (and dividend) growth… underpinned through its mobile business" as the primary reason behind its bullish outlook. It has also pencilled in further dividend pay rises every financial year until FY2026.
But Goldman isn't the only Telstra bull out there right now. Earlier this month, we also took stock of what another ASX broker in Bell Potter thinks about Telstra shares.
Bell Potter stated that Telstra stock is "starting to look reasonable value", and as such, upgraded the telco from a hold to a buy. That came alongside a share price target of $4.25.
This broker is also expecting rising dividends from Telstra over the next few years.
So that's what a pair of ASX experts think about Telstra stock today. No doubt shareholders won't be complaining about these assessments. But, as always, we'll have to wait and see who's on the money.
