TELUS (TSE:T – Get Free Report) (NYSE:TU) had its target price cut by investment analysts at Scotiabank from C$26.00 to C$24.25 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price objective points to a potential upside of 11.60% from the stock’s current price.
A number of other analysts also recently commented on T. Royal Bank of Canada decreased their price objective on shares of TELUS from C$29.00 to C$26.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 10th. National Bankshares reduced their price target on shares of TELUS from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a report on Monday, March 25th. Veritas Investment Research downgraded shares of TELUS from a “buy” rating to a “reduce” rating and set a C$27.00 price target on the stock. in a report on Friday, January 26th. CIBC reduced their price target on shares of TELUS from C$28.00 to C$26.00 in a report on Thursday, April 4th. Finally, BMO Capital Markets reduced their price target on shares of TELUS from C$26.00 to C$24.00 in a report on Tuesday, April 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, TELUS has a consensus rating of “Moderate Buy” and a consensus price target of C$26.45.
View Our Latest Analysis on TELUS
TELUS Trading Up 0.2 %
TELUS (TSE:T – Get Free Report) (NYSE:TU) last issued its quarterly earnings results on Friday, February 9th. The company reported C$0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.23 by C$0.01. TELUS had a net margin of 4.20% and a return on equity of 4.96%. The business had revenue of C$5.20 billion for the quarter, compared to analyst estimates of C$5.24 billion. Analysts expect that TELUS will post 0.999543 earnings per share for the current year.
TELUS Company Profile
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.
Read More
- Five stocks we like better than TELUS
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Comprehensive PepsiCo Stock Analysis
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- What is the Euro STOXX 50 Index?
- Bear Market Funds to Watch This Year
Receive News & Ratings for TELUS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS and related companies with MarketBeat.com's FREE daily email newsletter.