TELUS Co. (TSE:T) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts give TELUS a consensus recommendation of Moderate Buy from 10 covering analysts (1 sell, 4 hold, 4 buy, 1 strong buy), with an average 1‑year price target of C$20.31.
• Recent analyst moves include TD upgrading TELUS to a buy and raising its target to C$20.00, Canaccord downgrading to hold with a C$17.50 target, and RBC trimming its target to C$22.00 while maintaining an outperform rating.
• TELUS opened at C$17.16 and trades within a one‑year range of C$16.18–C$23.18, with a market cap of C$26.79B, PE of 23.83 and a notably high debt‑to‑equity ratio of 199.42.

TELUS Co. (TSE:T - Get Free Report) NYSE: TU has been given a consensus recommendation of "Moderate Buy" by the ten analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$20.31.

Several equities research analysts have recently commented on the stock. TD raised shares of TELUS from a "hold" rating to a "buy" rating and boosted their target price for the stock from C$19.00 to C$20.00 in a research report on Tuesday, April 28th. Desjardins reduced their price objective on shares of TELUS from C$23.00 to C$21.50 and set a "buy" rating for the company in a research report on Tuesday, April 7th. ATB Cormark Capital Markets reduced their price objective on shares of TELUS from C$20.00 to C$19.00 and set a "sector perform" rating for the company in a research report on Friday, February 13th. Canaccord Genuity Group downgraded shares of TELUS from a "buy" rating to a "hold" rating and reduced their price objective for the stock from C$21.00 to C$17.50 in a research report on Thursday, April 9th. Finally, Royal Bank Of Canada reduced their price objective on shares of TELUS from C$23.00 to C$22.00 and set an "outperform" rating for the company in a research report on Thursday, April 9th.

TELUS Trading Up 0.5%

TSE:T opened at C$17.16 on Tuesday. The company has a debt-to-equity ratio of 199.42, a current ratio of 0.86 and a quick ratio of 0.52. The firm has a 50-day moving average of C$17.76 and a 200-day moving average of C$18.60. The company has a market cap of C$26.79 billion, a PE ratio of 23.83, a PEG ratio of 1.65 and a beta of 0.56. TELUS has a one year low of C$16.18 and a one year high of C$23.18.

TELUS (TSE:T - Get Free Report) NYSE: TU last posted its earnings results on Thursday, February 12th. The company reported C$0.20 EPS for the quarter. The company had revenue of C$5.23 billion during the quarter. TELUS had a net margin of 5.47% and a return on equity of 7.68%. As a group, equities research analysts expect that TELUS will post 1.2267985 EPS for the current fiscal year.

TELUS Company Profile

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.

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