TELUS Co. (T) Price Target Raised to C$53.00
TELUS Co. (TSE:T) (NYSE:TU) had its target price hoisted by equities research analysts at J P Morgan Chase & Co from C$49.00 to C$53.00 in a research report issued on Monday. J P Morgan Chase & Co’s price objective suggests a potential upside of 9.48% from the stock’s current price.
A number of other equities analysts have also commented on T. Scotiabank lifted their price objective on TELUS from C$48.00 to C$50.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada lifted their price objective on TELUS from C$45.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Monday, August 14th. TD Securities lifted their price objective on TELUS from C$48.00 to C$49.00 and gave the stock a “hold” rating in a research note on Monday, August 14th. Finally, National Bank Financial lifted 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. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. TELUS has a consensus rating of “Buy” and an average target price of C$51.08.
TELUS (TSE:T) traded down C$0.06 during trading on Monday, hitting C$48.41. The stock had a trading volume of 573,281 shares, compared to its average volume of 993,097. TELUS has a twelve month low of C$40.97 and a twelve month high of C$48.77.
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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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