TELUS Co. (TSE:T - Get Free Report) NYSE: TU crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$21.07 and traded as high as C$22.56. TELUS shares last traded at C$22.43, with a volume of 2,256,020 shares changing hands.
Analyst Ratings Changes
A number of research firms have commented on T. Royal Bank of Canada cut their target price on shares of TELUS from C$25.00 to C$24.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. TD Securities boosted their target price on shares of TELUS from C$24.00 to C$25.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Scotiabank set a C$23.50 target price on shares of TELUS and gave the stock an "outperform" rating in a research report on Wednesday, April 16th. Canaccord Genuity Group boosted their target price on shares of TELUS from C$20.25 to C$21.50 in a research report on Monday, May 12th. Finally, Cormark downgraded shares of TELUS from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of C$22.88.
Read Our Latest Report on TELUS
TELUS Stock Performance
The company has a debt-to-equity ratio of 183.41, a quick ratio of 0.52 and a current ratio of 0.69. The firm's 50 day simple moving average is C$21.19 and its 200 day simple moving average is C$21.07. The firm has a market capitalization of C$33.71 billion, a price-to-earnings ratio of 36.33, a PEG ratio of 1.65 and a beta of 0.72.
About TELUS
(
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.
Read More
Before you consider TELUS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TELUS wasn't on the list.
While TELUS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
