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.

TELUS (TSE:T) (NYSE:TU) last issued its quarterly earnings results on Thursday, November 9th. The company reported C$0.66 EPS for the quarter, missing analysts’ consensus estimates of C$0.67 by C($0.01). The company had revenue of C$3.37 billion during the quarter, compared to analysts’ expectations of C$3.38 billion. TELUS had a return on equity of 17.49% and a net margin of 11.03%.

ILLEGAL ACTIVITY WARNING: “TELUS (T) Price Target Cut to C$52.00” was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.dailypolitical.com/2018/02/10/telus-t-price-target-cut-to-c52-00.html.

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)

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.