TELUS (TU) – Investment Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for TELUS (NYSE: TU):

• 8/5/2026 – TELUS was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 8/4/2026 – TELUS was downgraded by Desjardins from “moderate buy” to “hold”.
• 8/4/2026 – TELUS was given a new $11.00 price target by Barclays PLC. They now have an “equal weight” rating on the stock.
• 8/4/2026 – TELUS was downgraded by Royal Bank Of Canada from “outperform” to “sector perform”.
• 8/4/2026 – TELUS was downgraded by National Bank Financial from “outperform” to “sector perform”.
• 8/4/2026 – TELUS had its “underperform” rating reaffirmed by Bank of America Corporation.
• 8/3/2026 – TELUS had its “sector perform” rating reaffirmed by Scotiabank.
• 8/3/2026 – TELUS had its “buy” rating reaffirmed by TD Securities.
• 8/1/2026 – TELUS was downgraded by Wall Street Zen from “hold” to “sell”.
• 7/31/2026 – TELUS was downgraded by Canadian Imperial Bank of Commerce from “strong-buy” to “neutral”.
• 7/21/2026 – TELUS was downgraded by Morgan Stanley to “underweight”.
• 7/17/2026 – TELUS had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 7/16/2026 – TELUS was given a new $12.00 price target by Barclays PLC. They now have an “equal weight” rating on the stock.
• 7/15/2026 – TELUS is now covered by Raymond James Financial, Inc.. They set a “market perform” rating on the stock.

TELUS Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.75 annualized dividend and a yield of 7.7%. TELUS’s payout ratio is -295.12%.

TELUS Corporation (NYSE: TU) is a Canadian telecommunications and technology company headquartered in Vancouver, British Columbia. It delivers a broad portfolio of consumer and business communications services across Canada, including mobile wireless, fixed-line voice, broadband internet, and television. TELUS also provides a range of enterprise services such as cloud and IT solutions, managed network services, cybersecurity and Internet of Things (IoT) offerings for business customers.

Beyond core connectivity, TELUS has expanded into health and digital services.