Brokerages Set TELUS Co. (T) Target Price at $51.25

TELUS Co. (TSE:T) (NYSE:TU) has been assigned an average recommendation of “Buy” from the twelve brokerages that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$51.25.

Several brokerages have commented on T. TD Securities raised TELUS from a “hold” rating to a “buy” rating and set a C$53.00 target price for the company in a research note on Friday, February 2nd. Citigroup boosted their price target on TELUS from C$52.00 to C$54.00 in a report on Monday, November 13th. BMO Capital Markets boosted their price target on TELUS from C$47.00 to C$49.00 in a report on Monday, November 13th. National Bank Financial boosted their price target on TELUS from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Finally, CIBC boosted their price target on TELUS from C$48.00 to C$50.00 in a report on Monday, November 13th.

TELUS (T) traded down C$0.33 during mid-day trading on Friday, reaching C$45.20. The company had a trading volume of 916,386 shares, compared to its average volume of 936,354. The firm has a market capitalization of $26,890.00, a P/E ratio of 21.28 and a beta of 0.49. TELUS has a fifty-two week low of C$42.22 and a fifty-two week high of C$48.94.

TELUS (TSE:T) (NYSE:TU) last issued its earnings results on Thursday, November 9th. The company reported C$0.66 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.67 by C($0.01). The business had revenue of C$3.37 billion for the quarter, compared to analyst estimates of C$3.38 billion. TELUS had a return on equity of 17.49% and a net margin of 11.03%.

TRADEMARK VIOLATION WARNING: “Brokerages Set TELUS Co. (T) Target Price at $51.25” was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this piece of content can be viewed at


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

Leave a Reply