TELUS Co. (TSE:T) Receives C$29.09 Consensus PT from Analysts

Share on StockTwits

TELUS Co. (TSE:T) (NYSE:TU) has earned an average rating of “Buy” from the thirteen ratings firms that are currently covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$29.09.

Several analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on TELUS from C$25.00 to C$27.00 and gave the company an “outperform” rating in a research note on Monday, January 25th. Morgan Stanley upped their price objective on shares of TELUS from C$24.00 to C$28.00 in a report on Friday, March 5th. CIBC upgraded shares of TELUS from a “neutral” rating to an “outperform” rating in a research report on Thursday, April 1st. BMO Capital Markets boosted their price target on shares of TELUS from C$26.00 to C$30.00 in a research report on Friday, February 12th. Finally, TD Securities decreased their price objective on shares of TELUS from C$31.00 to C$30.00 and set a “buy” rating for the company in a report on Monday, April 5th.

T stock traded up C$0.11 during midday trading on Thursday, reaching C$25.69. The company had a trading volume of 3,101,988 shares, compared to its average volume of 3,491,622. The company has a quick ratio of 0.64, a current ratio of 0.79 and a debt-to-equity ratio of 163.10. The stock has a 50 day moving average price of C$25.75 and a 200 day moving average price of C$25.55. TELUS has a fifty-two week low of C$22.02 and a fifty-two week high of C$27.54. The firm has a market capitalization of C$34.65 billion and a PE ratio of 27.29.

TELUS (TSE:T) (NYSE:TU) last issued its quarterly earnings data on Thursday, February 11th. The company reported C$0.22 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.24 by C($0.02). The company had revenue of C$4.06 billion during the quarter, compared to analysts’ expectations of C$4.01 billion. Research analysts predict that TELUS will post 1.28 EPS for the current year.


TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Wireless and Wireline segments. The Wireless segment offers a range of telecommunications products and services. Its wireless products and services include network revenue comprising data and voice; and equipment sales from mobile technologies.

Recommended Story: Accumulation/Distribution

Analyst Recommendations for TELUS (TSE:T)

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's FREE daily email newsletter.