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Scotiabank Forecasts Strong Price Appreciation for TELUS International (Cda) (TSE:TIXT) Stock

TELUS International (Cda) logo with Computer and Technology background

TELUS International (Cda) (TSE:TIXT - Get Free Report) had its target price increased by research analysts at Scotiabank from C$3.00 to C$3.40 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Scotiabank's price objective would suggest a potential downside of 32.00% from the company's current price.

TELUS International (Cda) Trading Up 4.2%

Shares of TIXT traded up C$0.20 during midday trading on Tuesday, hitting C$5.00. 346,004 shares of the stock were exchanged, compared to its average volume of 310,219. TELUS International has a 52-week low of C$3.06 and a 52-week high of C$9.46. The company has a debt-to-equity ratio of 78.13, a quick ratio of 0.79 and a current ratio of 1.02. The stock has a fifty day simple moving average of C$3.89 and a 200 day simple moving average of C$4.47. The firm has a market cap of C$961.40 million, a P/E ratio of 31.01 and a beta of 0.69.

TELUS International (Cda) Company Profile

(Get Free Report)

TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, Communications and Media, eCommerce and FinTech, Healthcare and Travel and Hospitality.

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