TELUS (TU) Stock Forecast & Price Target

TELUS
Bull Case

Here are some ways that investors could benefit from investing in TELUS Co.:

• TELUS Co. offers a highly attractive dividend yield of 12.54%, which is significantly above the market average and provides a substantial income stream for investors despite the recent reduction in the dividend amount.
• The stock is currently trading at $9.68, which is near its 52-week low of $9.20, suggesting that the stock may be undervalued relative to its historical trading range and offering a potential entry point for value-oriented investors.
• TELUS Co. has a low beta of 0.63, indicating that the stock is less volatile than the overall market, which can help reduce portfolio risk and provide more stable returns during periods of market uncertainty.
• Institutional investors continue to show interest in TELUS Co., with several major funds such as Bank of Nova Scotia and The Manufacturers Life Insurance Company increasing their positions in the second quarter of 2026, signaling confidence in the company's long-term prospects.
• TELUS Co. has a strong presence in the Canadian telecommunications market, offering a diverse range of services including mobile, broadband, and enterprise solutions, which provides a stable revenue base and potential for growth in the digital services sector.