TELUS Co. (TSE:T – Get Free Report) (NYSE:TU) has been given an average rating of “Hold” by the twelve analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$18.86.
T has been the topic of several recent analyst reports. TD Securities raised TELUS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Barclays dropped their price objective on TELUS from C$19.00 to C$17.00 in a research note on Thursday, July 16th. TD raised TELUS from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$19.00 to C$20.00 in a report on Tuesday, April 28th. Scotiabank reduced their target price on shares of TELUS from C$20.00 to C$19.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 7th. Finally, Royal Bank Of Canada reduced their target price on shares of TELUS from C$22.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th.
View Our Latest Stock Analysis on T
TELUS Stock Down 0.6%
TELUS (TSE:T – Get Free Report) (NYSE:TU) last released its quarterly earnings data on Friday, May 8th. The company reported C$0.23 earnings per share for the quarter. TELUS had a return on equity of 6.41% and a net margin of 4.57%.The company had revenue of C$4.99 billion for the quarter. Equities analysts predict that TELUS will post 1.2267985 EPS for the current fiscal year.
TELUS Company Profile
TELUS Digital, a wholly-owned subsidiary of TELUS Corporation (TSX: T, NYSE: TU), crafts unique and enduring experiences for customers and employees, and creates future-focused digital transformations that deliver value for our clients. We are the brand behind the brands. Our global team members are both passionate ambassadors of our clients’ products and services, and technology experts resolute in our pursuit to elevate their end customer journeys, solve business challenges, mitigate risks, and drive continuous innovation.
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