TELUS Co. (TSE:T) Given Average Rating of “Buy” by Brokerages
TELUS Co. (TSE:T) (NYSE:TU) has been given a consensus rating of “Hold” by the twelve ratings firms that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$47.50.
Several analysts recently issued reports on T shares. TD Securities upped their price objective on shares of TELUS from C$46.00 to C$47.00 and gave the stock a “hold” rating in a report on Monday, March 27th. CIBC raised shares of TELUS from a “neutral” rating to an “outperform” rating in a report on Wednesday, April 5th. Royal Bank Of Canada increased their price target on shares of TELUS from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a report on Monday, May 15th. Morgan Stanley increased their price target on shares of TELUS from C$44.00 to C$46.00 in a report on Wednesday, May 17th. Finally, Scotiabank increased their price target on shares of TELUS from C$44.00 to C$46.00 and gave the company a “sector perform” rating in a report on Wednesday, April 26th.
TELUS (T) traded up 0.09% during midday trading on Monday, reaching $44.73.
TELUS Company Profile
TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.
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