Research Analysts Issue Forecasts for TELUS Co.’s FY2017 Earnings (T)
TELUS Co. (TSE:T) (NYSE:TU) – Cormark reduced their FY2017 earnings estimates for TELUS in a research report issued to clients and investors on Monday. Cormark analyst D. Mcfadgen now expects that the company will earn $2.62 per share for the year, down from their previous forecast of $2.63.
Several other analysts also recently issued reports on T. Scotiabank lifted their price target on shares of TELUS from C$44.00 to C$46.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 26th. TD Securities lifted their price target on shares of TELUS from C$47.00 to C$49.00 and gave the company a “hold” rating in a research report on Friday, May 12th. Royal Bank Of Canada lifted their price target on shares of TELUS from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a research report on Monday, May 15th. Finally, Morgan Stanley lifted their price target on shares of TELUS from C$44.00 to C$46.00 in a research report on Wednesday, May 17th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. TELUS presently has a consensus rating of “Hold” and a consensus price target of C$47.56.
ILLEGAL ACTIVITY NOTICE: “Research Analysts Issue Forecasts for TELUS Co.’s FY2017 Earnings (T)” was published by Daily Political and is owned by of Daily Political. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/08/16/research-analysts-issue-forecasts-for-telus-co-s-fy2017-earnings-t.html.
TELUS (TSE:T) opened at 45.27 on Wednesday. TELUS has a 12-month low of $40.97 and a 12-month high of $46.29. The stock has a 50 day moving average of $45.10 and a 200 day moving average of $44.49. The firm has a market cap of $26.75 billion and a PE ratio of 21.07.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 8th will be given a $0.4925 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.97 annualized dividend and a yield of 4.35%. This is an increase from TELUS’s previous quarterly dividend of $0.48.
TELUS Company Profile
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications products and services in Canada. It operates through Wireless and Wireline segments. The companys telecommunications products and services comprise wireless and wireline voice and data; data services, including Internet protocol; television; hosting, managed information technology, and cloud-based services; healthcare solutions; and business process outsourcing solutions.
Receive News & Ratings for TELUS Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS Co. and related companies with MarketBeat.com's FREE daily email newsletter.