Telkom Indonesia average price target trimmed to $18.91, implying 62% upside
Consensus from 20 analysts on Telkom Indonesia shares edged its average target lower, while the Buy rating still dominates coverage.
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what happened
According to estimates from 20 analysts, the average price target for PT Telekomunikasi Indonesia, Tbk shares fell from $19.1 to $18.91. Forecasts range from $12.77 to $22.35 per share. The data comes from TradingView, citing FactSet.
Based on the October 20 close, the updated target implies roughly 62% potential upside. The consensus rating remains Buy, with 17 of 21 covering analysts recommending Buy, 3 Hold and 1 Sell.
why it matters
A slight cut to the average target affects a single company, so the impact on the broad market is limited. Investors often read such revisions as a gauge of analyst sentiment on the stock and its Indonesian telecom sector.
market impact
Telkom Indonesia: slightly lower average target while the overall consensus stays positive
tags
instruments
sources
- PT Telekomunikasi Indonesia, Tbk Stock 12‑Month Price Target Cut to $18.91, Implies 62% Upside — TradingView, 21 October 2026 at 04:20 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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