TELUS Co. (TSE:T) Director Buys C$40,036.50 in Stock

TELUS Co. (TSE:T - Get Free Report) NYSE: TU Director Hazel Cynthia Claxton acquired 1,845 shares of the business's stock in a transaction on Thursday, February 20th. The stock was acquired at an average price of C$21.70 per share, with a total value of C$40,036.50.

TELUS Stock Performance

Shares of T stock traded down C$0.03 on Thursday, reaching C$22.40. The stock had a trading volume of 3,581,429 shares, compared to its average volume of 4,121,340. TELUS Co. has a 12 month low of C$19.10 and a 12 month high of C$23.97. The firm has a market capitalization of C$33.73 billion, a price-to-earnings ratio of 36.34, a P/E/G ratio of 1.65 and a beta of 0.72. The firm's 50-day moving average is C$20.54 and its two-hundred day moving average is C$21.52. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 183.41.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Barclays lowered their price objective on TELUS from C$23.00 to C$20.00 in a research report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on shares of TELUS from C$23.00 to C$22.00 and set a "neutral" rating for the company in a research report on Thursday, January 2nd. Royal Bank of Canada cut their price objective on shares of TELUS from C$25.00 to C$24.00 and set an "outperform" rating on the stock in a report on Wednesday, December 18th. National Bank Financial lowered shares of TELUS from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 12th. Finally, National Bankshares dropped their target price on shares of TELUS from C$22.00 to C$21.00 and set a "sector perform" rating for the company in a research report on Friday, January 3rd. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$23.00.

Remove Ads

About TELUS

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.