TELUS Co. (TSE:T) (NYSE:TU) had its price objective lifted by TD Securities from C$51.00 to C$53.00 in a research report report published on Monday.

T has been the subject of several other reports. Desjardins increased their price objective on TELUS from C$49.50 to C$51.00 in a report on Monday, November 13th. Canaccord Genuity increased their price objective on TELUS from C$50.00 to C$51.00 in a report on Monday, November 13th. National Bank Financial increased their price objective on TELUS from C$48.00 to C$50.00 and gave the stock an outperform rating in a report on Friday, November 10th. Scotiabank increased their price objective on TELUS from C$48.00 to C$50.00 and gave the stock a sector perform rating in a report on Tuesday, August 8th. Finally, BMO Capital Markets raised their target price on TELUS from C$47.00 to C$49.00 in a report on Monday, November 13th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of C$51.25.

Shares of TELUS (T) opened at C$48.79 on Monday. TELUS has a 12-month low of C$41.52 and a 12-month high of C$48.94.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 11th will be given a dividend of $0.505 per share. The ex-dividend date of this dividend is Friday, December 8th. This is an increase from TELUS’s previous quarterly dividend of $0.49. This represents a $2.02 dividend on an annualized basis and a yield of 4.14%. TELUS’s dividend payout ratio (DPR) is 91.31%.

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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.

Analyst Recommendations for TELUS (TSE:T)

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