A: I am not sure that the dividend of 8c will make that much difference, unlikely to be worth much more than 10c to the share price..

Although their report in August missed market expectations, the brokers still see upside. According to FN Arena, the consensus target price is $7.52, almost 20% higher than the last ASX price. Range is a low of $6.40 (from Credit Suisse) through to a high of $9.50 from Morgan Stanley. 4 ‘buy’ recommendations, 2 ‘neutral’ recommendations.

While I think TPG should be good long term, in the short term, NBN headwinds could be an issue. I also don’t see any immediate catalyst for the stock to rerate.