TELUS Co. (TSE:T) (NYSE:TU) has earned an average recommendation of “Buy” from the twelve analysts that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokerages that have covered the stock in the last year is C$50.92.
Several research firms have recently commented on T. Citigroup dropped their target price on shares of TELUS from C$54.00 to C$52.00 in a research report on Friday, February 9th. BMO Capital Markets lifted their price target on shares of TELUS from C$47.00 to C$49.00 in a research report on Monday, November 13th. National Bank Financial lifted their price target on shares of TELUS from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research report on Friday, November 10th. CIBC lifted their price target on shares of TELUS from C$48.00 to C$50.00 in a research report on Monday, November 13th. Finally, TD Securities lifted their price target on shares of TELUS from C$53.00 to C$54.00 and gave the company a “buy” rating in a research report on Friday, February 9th.
TELUS (TSE:T) traded up C$0.45 during trading hours on Tuesday, hitting C$46.71. 1,351,347 shares of the stock traded hands, compared to its average volume of 1,160,000. TELUS has a 12-month low of C$42.22 and a 12-month high of C$48.94. The stock has a market cap of $27,590.00, a PE ratio of 18.99 and a beta of 0.48.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Friday, March 9th will be paid a $0.505 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.32%. TELUS’s dividend payout ratio is presently 80.08%.
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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.
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