TELUS Co. (TSE:T) (NYSE:TU) had its target price increased by equities research analysts at Citigroup Inc. from C$52.00 to C$54.00 in a research report issued to clients and investors on Monday. Citigroup Inc.’s target price suggests a potential upside of 11.69% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. Desjardins boosted their price objective on TELUS from C$49.50 to C$51.00 in a research note on Monday. National Bank Financial boosted their price objective on TELUS from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research note on Friday, November 10th. Scotiabank boosted their price objective on TELUS from C$48.00 to C$50.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada boosted their price objective on TELUS from C$45.00 to C$46.00 and gave the company a “sector perform” rating in a research note on Monday, August 14th. Finally, TD Securities boosted their price objective on TELUS from C$49.00 to C$51.00 and gave the company a “hold” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. TELUS has a consensus rating of “Buy” and a consensus price target of C$51.08.

TELUS (TSE:T) opened at C$48.35 on Monday. TELUS has a 52-week low of C$40.97 and a 52-week high of C$48.77.

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About TELUS

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)

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