Wall Street Zen Upgrades PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) to “Buy”

Posted by on Sep 7th, 2026

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday, Wall Street Zen reports.

Several other research analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of PT Telekomunikasi Indonesia, Tbk from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 31st. Zacks Research raised shares of PT Telekomunikasi Indonesia, Tbk from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, PT Telekomunikasi Indonesia, Tbk currently has an average rating of “Reduce”.

Get Our Latest Stock Analysis on TLK

PT Telekomunikasi Indonesia, Tbk Price Performance

Shares of NYSE:TLK opened at $14.84 on Friday. The firm’s 50 day moving average price is $14.52 and its 200-day moving average price is $16.56. PT Telekomunikasi Indonesia, Tbk has a twelve month low of $13.23 and a twelve month high of $23.51. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $14.70 billion, a PE ratio of 14.27 and a beta of 0.35.

Hedge Funds Weigh In On PT Telekomunikasi Indonesia, Tbk

A number of hedge funds have recently modified their holdings of TLK. Raiffeisen Bank International AG bought a new stake in PT Telekomunikasi Indonesia, Tbk during the second quarter valued at about $4,784,000. Himension Capital Singapore PTE. LTD. grew its position in shares of PT Telekomunikasi Indonesia, Tbk by 262.3% during the first quarter. Himension Capital Singapore PTE. LTD. now owns 119,283 shares of the utilities provider’s stock worth $2,228,000 after purchasing an additional 86,363 shares in the last quarter. Lazard Asset Management LLC raised its stake in PT Telekomunikasi Indonesia, Tbk by 23.4% during the 1st quarter. Lazard Asset Management LLC now owns 25,129,891 shares of the utilities provider’s stock valued at $469,426,000 after purchasing an additional 4,770,126 shares during the period. Sei Investments Co. raised its stake in PT Telekomunikasi Indonesia, Tbk by 1,021.8% during the 1st quarter. Sei Investments Co. now owns 289,999 shares of the utilities provider’s stock valued at $5,417,000 after purchasing an additional 264,148 shares during the period. Finally, Barometer Capital Management Inc. purchased a new position in PT Telekomunikasi Indonesia, Tbk in the 1st quarter worth approximately $6,385,000.

About PT Telekomunikasi Indonesia, Tbk

(Get Free Report)

PT Telekomunikasi Indonesia, Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications provider. The company’s core operations encompass the provision of fixed-line and mobile voice services, broadband internet, and network infrastructure. It serves a broad customer base that includes residential subscribers, businesses, government agencies and wholesale partners, offering connectivity across urban and rural areas of Indonesia.

Telkom’s product and service portfolio spans consumer broadband and digital entertainment, enterprise ICT solutions, managed network services, data center and cloud platforms, and wholesale international connectivity.

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