TELUS Co. (TSE:T) PT Raised to C$50.00

TELUS Co. (TSE:T) (NYSE:TU) had its target price hoisted by equities researchers at Scotiabank from C$48.00 to C$50.00 in a note issued to investors on Tuesday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 9.05% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada raised their target price on TELUS from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a report on Monday, May 15th. TD Securities raised their target price on TELUS from C$47.00 to C$49.00 and gave the company a “hold” rating in a report on Friday, May 12th. Finally, Morgan Stanley raised their target price on TELUS from C$44.00 to C$46.00 in a report on Wednesday, May 17th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of C$47.40.

TELUS (TSE T) traded up 0.07% during mid-day trading on Tuesday, hitting $45.88. The company had a trading volume of 288,456 shares. The company has a market capitalization of $27.12 billion and a P/E ratio of 21.35. The company has a 50-day moving average price of $44.95 and a 200 day moving average price of $44.38. TELUS has a 52-week low of $40.97 and a 52-week high of $45.98.

TRADEMARK VIOLATION WARNING: This report was originally published by Markets Daily and is owned by of Markets Daily. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.themarketsdaily.com/2017/08/08/telus-co-tset-pt-raised-to-c50-00.html.

About TELUS

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

Analyst Recommendations for TELUS (TSE:T)

Receive News & Ratings for TELUS Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply