TELUS Co. (TSE:T) Given Average Recommendation of “Moderate Buy” by Brokerages

TELUS Co. (TSE:T) (NYSE:TU) has received an average rating of “Moderate Buy” from the eleven ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$21.79.

Several analysts have recently commented on T shares. JPMorgan Chase & Co. downgraded shares of TELUS from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from C$22.00 to C$19.00 in a research report on Tuesday, November 18th. CIBC raised their price target on shares of TELUS from C$24.00 to C$25.00 in a report on Friday, October 17th. Canaccord Genuity Group raised shares of TELUS from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. Scotiabank cut their price objective on shares of TELUS from C$22.50 to C$22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 20th. Finally, TD Securities reduced their target price on TELUS from C$26.00 to C$25.00 and set a “buy” rating for the company in a research note on Monday, December 15th.

TELUS Stock Up 1.1%

Shares of TSE:T opened at C$19.01 on Friday. TELUS has a 1 year low of C$17.26 and a 1 year high of C$23.29. The company has a debt-to-equity ratio of 183.41, a current ratio of 0.69 and a quick ratio of 0.52. The business’s 50-day moving average is C$18.27 and its 200-day moving average is C$20.62. The company has a market capitalization of C$29.48 billion, a price-to-earnings ratio of 24.37, a P/E/G ratio of 1.65 and a beta of 0.85.

TELUS (TSE:T) (NYSE:TU) last issued its earnings results on Friday, November 7th. The company reported C$0.24 earnings per share for the quarter. TELUS had a return on equity of 5.80% and a net margin of 4.62%.The business had revenue of C$5.07 billion during the quarter. Equities research analysts predict that TELUS will post 1.2267985 earnings per share for the current year.

Insider Transactions at TELUS

In other news, Director Hazel Cynthia Claxton bought 3,445 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The shares were bought at an average cost of C$17.46 per share, for a total transaction of C$60,149.70. Following the acquisition, the director directly owned 8,403 shares in the company, valued at approximately C$146,716.38. This trade represents a 69.48% increase in their ownership of the stock. Also, Director Thomas Earl Flynn purchased 3,000 shares of TELUS stock in a transaction that occurred on Wednesday, December 24th. The stock was acquired at an average cost of C$17.45 per share, with a total value of C$52,350.00. Following the transaction, the director owned 14,389 shares in the company, valued at C$251,088.05. This trade represents a 26.34% increase in their position. Over the last ninety days, insiders bought 258,245 shares of company stock worth $4,486,022. 0.02% of the stock is currently owned by insiders.

Trending Headlines about TELUS

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: Multiple directors materially increased their stakes in late December—Director (and long‑time CEO) Darren Entwistle purchased 190,000 shares at ~C$17.38 (plus a smaller 2,600‑share buy), and directors Thomas Flynn, David Mowat and Hazel Claxton each added several thousand shares at ~C$17.37–17.46. Large insider accumulation, especially by the CEO, signals executive confidence and can support the stock. MarketBeat: TELUS insider trades
• Negative Sentiment: An MSN piece recommends buying a different TSX dividend stock instead of Telus, which could weigh on dividend‑income investor sentiment and pressure the stock if that view gains traction. MSN article
• Negative Sentiment: CBC reported a Telus outage that knocked out cellular service on Haida Gwaii; while the issue appears localized and repairs are underway, service interruptions can cause short‑term customer frustration and localized reputational risk. CBC: Telus outage

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.