TELUS (T) Earns Media Sentiment Rating of 0.62

Media headlines about TELUS (TSE:T) (NYSE:TU) have trended somewhat positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TELUS earned a news sentiment score of 0.62 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 7 out of 10, meaning that recent press coverage is likely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted TELUS’s score:

Shares of T traded down C$0.05 during mid-day trading on Friday, hitting C$45.88. The stock had a trading volume of 1,353,100 shares, compared to its average volume of 949,948. The company has a current ratio of 0.85, a quick ratio of 0.64 and a debt-to-equity ratio of 146.87. TELUS has a fifty-two week low of C$43.88 and a fifty-two week high of C$49.15.

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada increased their target price on TELUS from C$52.00 to C$53.00 and gave the company an “outperform” rating in a research note on Tuesday, July 31st. Desjardins increased their target price on TELUS from C$52.00 to C$53.00 in a research note on Tuesday, August 7th. TD Securities lowered their target price on TELUS from C$55.00 to C$54.00 and set a “buy” rating for the company in a research note on Tuesday, August 7th. Finally, Canaccord Genuity increased their target price on TELUS from C$48.00 to C$49.00 in a research note on Tuesday, August 7th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. TELUS has an average rating of “Buy” and an average price target of C$51.55.

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About TELUS

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications products and services in Canada. It operates through Wireless and Wireline segments. The company's telecommunications products and services comprise wireless and wireline voice and data services; data services, including Internet protocol; television services; hosting, managed information technology, and security and cloud-based services; healthcare solutions; business process outsourcing; and security solutions.

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