TELUS Co. Expected to Post Q2 2017 Earnings of $0.73 Per Share (T)
TELUS Co. (TSE:T) (NYSE:TU) – Investment analysts at National Bank Financial issued their Q2 2017 EPS estimates for TELUS in a report issued on Wednesday. National Bank Financial analyst A. Shine forecasts that the company will post earnings per share of $0.73 for the quarter.
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A number of other equities analysts have also commented on T. TD Securities raised their target price on shares of TELUS from C$47.00 to C$49.00 and gave the stock a “hold” rating in a research report on Friday, May 12th. Scotiabank raised their target price on shares of TELUS from C$46.00 to C$48.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 17th. Morgan Stanley raised their target price on shares of TELUS from C$44.00 to C$46.00 in a research report on Wednesday, May 17th. Royal Bank Of Canada raised their target price on shares of TELUS from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a research report on Monday, May 15th. Finally, CIBC raised shares of TELUS from a “neutral” rating to an “outperform” rating in a research report on Wednesday, April 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$47.27.
TELUS (T) opened at 44.46 on Friday. The stock has a market cap of $26.28 billion and a P/E ratio of 20.69. TELUS has a one year low of $40.97 and a one year high of $46.29. The company’s 50-day moving average price is $45.40 and its 200-day moving average price is $44.10.
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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