Telus Price Target Increased to C$45.00 by Analysts at TD Securities (T)
Equities researchers at TD Securities raised their price objective on shares of Telus (TSE:T) from C$42.00 to C$45.00 in a research report issued on Tuesday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target points to a potential upside of 21.52% from the company’s current price.
T has been the subject of a number of other recent research reports. Analysts at Scotiabank raised their price target on shares of Telus from C$39.00 to C$40.00 in a research note to investors on Monday, November 11th. They now have a “sector outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Telus from C$38.00 to C$40.00 in a research note to investors on Monday, November 11th. They now have an “outperform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Telus from C$34.00 to C$35.00 in a research note to investors on Monday, November 11th. They now have a “sector perform” rating on the stock. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$41.36.
Shares of Telus (TSE:T) traded up 0.60% during mid-day trading on Tuesday, hitting $37.03. 1,342,240 shares of the company’s stock traded hands. Telus has a 1-year low of $29.52 and a 1-year high of $37.94. The stock has a 50-day moving average of $36.67 and a 200-day moving average of $34.45. The company has a market cap of $23.078 billion and a price-to-earnings ratio of 17.24.
TELUS Corporation (TSE:T), is a telecommunications companies, providing a range of telecommunications products and services products including wireless, data, Internet protocol, voice and television.
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