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TELUS Co. (TSE:T) Given Consensus Recommendation of "Hold" by Analysts

TELUS logo with Communication Services background

TELUS Co. (TSE:T - Get Free Report) NYSE: TU has been assigned a consensus rating of "Hold" from the eleven brokerages that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$23.13.

Several brokerages recently issued reports on T. Cormark lowered shares of TELUS from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 4th. National Bankshares lifted their target price on shares of TELUS from C$22.00 to C$23.00 and gave the company a "sector perform" rating in a report on Friday, June 6th. Bank of America downgraded TELUS from a "buy" rating to a "neutral" rating and cut their price target for the stock from C$24.00 to C$22.00 in a research note on Friday, March 21st. Scotiabank set a C$24.50 price objective on TELUS and gave the company an "outperform" rating in a research note on Friday. Finally, Royal Bank Of Canada dropped their target price on TELUS from C$25.00 to C$24.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th.

View Our Latest Analysis on T

TELUS Trading Down 0.7%

TSE T traded down C$0.15 on Friday, hitting C$21.76. The company's stock had a trading volume of 1,974,085 shares, compared to its average volume of 4,118,028. The firm has a market cap of C$32.76 billion, a P/E ratio of 35.31, a PEG ratio of 1.65 and a beta of 0.72. TELUS has a 52-week low of C$19.10 and a 52-week high of C$23.43. The company's 50-day simple moving average is C$21.53 and its 200 day simple moving average is C$21.09. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41.

TELUS Company Profile

(Get Free Report

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.

Further Reading

Analyst Recommendations for TELUS (TSE:T)

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