TELUS Co. (TSE:T) (NYSE:TU) had its target price upped by equities research analysts at Scotiabank from C$48.00 to C$50.00 in a note issued to investors on Tuesday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price target suggests a potential upside of 9.05% from the stock’s current price.

Other research analysts also recently issued research reports about the company. TD Securities increased their price target on TELUS from C$47.00 to C$49.00 and gave the company a “hold” rating in a report on Friday, May 12th. Morgan Stanley increased their price target on TELUS from C$44.00 to C$46.00 in a report on Wednesday, May 17th. Finally, Royal Bank Of Canada increased their price target on TELUS from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a report on Monday, May 15th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. TELUS currently has an average rating of “Buy” and a consensus target price of C$47.40.

Shares of TELUS (TSE T) traded up 0.07% during midday trading on Tuesday, hitting $45.88. The stock had a trading volume of 288,456 shares. The company has a market cap of $27.12 billion and a P/E ratio of 21.35. TELUS has a one year low of $40.97 and a one year high of $45.98. The stock has a 50 day moving average of $44.95 and a 200-day moving average of $44.38.

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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.

Analyst Recommendations for TELUS (TSE:T)

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