TELUS (T) Price Target Cut to C$52.00
TELUS (TSE:T) (NYSE:TU) had its price objective cut by equities research analysts at Citigroup from C$54.00 to C$52.00 in a research note issued on Friday. Citigroup’s target price indicates a potential upside of 15.81% from the company’s current price.
A number of other equities analysts have also weighed in on T. Desjardins upped their price objective on TELUS from C$49.50 to C$51.00 in a research note on Monday, November 13th. TD Securities upped their price objective on TELUS from C$51.00 to C$53.00 in a research note on Monday, November 27th. Canaccord Genuity upped their price objective on TELUS from C$50.00 to C$51.00 in a research note on Monday, November 13th. National Bank Financial upped their price objective on TELUS from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Friday, November 10th. Finally, BMO Capital Markets upped their price objective on TELUS from C$47.00 to C$49.00 in a research note on Monday, November 13th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of C$51.17.
Shares of TELUS (TSE:T) opened at C$44.90 on Friday. The company has a market capitalization of $26,520.00, a PE ratio of 21.08 and a beta of 0.49. TELUS has a 1 year low of C$42.22 and a 1 year high of C$48.94.
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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.
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