Shares of TELUS Co. (TSE:T – Get Free Report) (NYSE:TU) have been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$16.30.
A number of analysts have issued reports on the company. National Bank Financial decreased their price target on TELUS from C$15.00 to C$13.00 in a research note on Wednesday, September 30th. Raymond James Financial set a C$18.50 price target on shares of TELUS and gave the company a “market perform” rating in a report on Thursday, July 16th. Morgan Stanley cut shares of TELUS from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from C$20.00 to C$13.00 in a research note on Tuesday, July 21st. Barclays lowered their price objective on shares of TELUS from C$19.00 to C$17.00 in a research note on Thursday, July 16th. Finally, Scotiabank dropped their price objective on TELUS from C$17.00 to C$15.25 and set a “sector perform” rating for the company in a report on Tuesday, October 20th.
View Our Latest Stock Report on TELUS
TELUS Stock Performance
Shares of TSE T opened at C$12.08 on Tuesday. TELUS has a 12 month low of C$10.89 and a 12 month high of C$20.97. The company has a market cap of C$19.03 billion, a PE ratio of -20.47, a price-to-earnings-growth ratio of 1.65 and a beta of 0.59. The company has a 50-day simple moving average of C$12.34 and a 200-day simple moving average of C$15.76. The company has a debt-to-equity ratio of 236.85, a current ratio of 0.67 and a quick ratio of 0.52.
TELUS (TSE:T – Get Free Report) (NYSE:TU) last released its earnings results on Friday, July 31st. The company reported C$0.16 EPS for the quarter. TELUS had a negative return on equity of 6.56% and a negative net margin of 4.55%. The firm had revenue of C$4.92 billion during the quarter. On average, equities analysts anticipate that TELUS will post 1.23 earnings per share for the current year.
About TELUS
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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