TD Securities upgraded shares of TELUS (TSE:T) (NYSE:TU) from a hold rating to a buy rating in a report released on Friday morning. TD Securities currently has C$53.00 target price on the stock.

A number of other equities research analysts have also commented on the company. Barclays raised their price objective on TELUS from C$52.00 to C$53.00 in a research report on Monday, November 13th. BMO Capital Markets raised their price objective on TELUS from C$47.00 to C$49.00 in a research report on Monday, November 13th. Canaccord Genuity raised their price objective on TELUS from C$50.00 to C$51.00 in a research report on Monday, November 13th. CIBC raised their price objective on TELUS from C$48.00 to C$50.00 in a research report on Monday, November 13th. Finally, Citigroup raised their price target on TELUS from C$52.00 to C$54.00 in a research note on Monday, November 13th. Five analysts have rated the stock with a buy rating, The company has an average rating of Buy and a consensus price target of C$51.25.

Shares of TELUS (T) opened at C$45.56 on Friday. TELUS has a 1 year low of C$42.22 and a 1 year high of C$48.94. The company has a market capitalization of $26,910.00, a PE ratio of 21.39 and a beta of 0.49.

TELUS (TSE:T) (NYSE:TU) last announced its quarterly earnings data on Thursday, November 9th. The company reported C$0.66 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.67 by C($0.01). TELUS had a return on equity of 17.49% and a net margin of 11.03%.

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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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