TELUS Co. (T) PT Raised to C$50.00 at National Bank Financial

TELUS Co. (TSE:T) (NYSE:TU) had its price target increased by equities research analysts at National Bank Financial from C$48.00 to C$50.00 in a research report issued on Friday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 3.16% from the stock’s current price.

Several other research firms have also weighed in on T. Scotiabank upped their target price on TELUS from C$48.00 to C$50.00 and gave the company a “sector perform” rating in a report on Tuesday, August 8th. TD Securities upped their target price on TELUS from C$48.00 to C$49.00 and gave the company a “hold” rating in a report on Monday, August 14th. Finally, Royal Bank of Canada upped their target price on TELUS from C$45.00 to C$46.00 and gave the company a “sector perform” rating in a report on Monday, August 14th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of C$49.22.

Shares of TELUS (TSE T) opened at C$48.47 on Friday. TELUS has a twelve month low of C$40.97 and a twelve month high of C$48.77.

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TELUS Company Profile

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)

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