TELUS Co. (TSE:T) Given Average Rating of "Hold" by Analysts

Shares of TELUS Co. (TSE:T - Get Free Report) NYSE: TU have been given a consensus rating of "Hold" by the eleven ratings firms that are currently covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$22.77.

Several equities analysts have weighed in on T shares. JPMorgan Chase & Co. dropped their price objective on TELUS from C$23.00 to C$22.00 and set a "neutral" rating on the stock in a research note on Thursday, January 2nd. Canaccord Genuity Group cut their price target on shares of TELUS from C$21.25 to C$20.25 and set a "hold" rating on the stock in a report on Monday, April 7th. Royal Bank of Canada decreased their price objective on shares of TELUS from C$25.00 to C$24.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. TD Securities boosted their target price on TELUS from C$24.00 to C$25.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Finally, Scotiabank set a C$23.50 price target on TELUS and gave the company an "outperform" rating in a research report on Wednesday, April 16th.

TELUS Trading Down 0.3 %

Shares of TELUS stock opened at C$20.84 on Friday. The stock has a market capitalization of C$31.38 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. TELUS has a 52 week low of C$19.10 and a 52 week high of C$23.43. The stock has a 50 day moving average price of C$21.13 and a two-hundred day moving average price of C$21.12. The company has a debt-to-equity ratio of 183.41, a quick ratio of 0.52 and a current ratio of 0.69.

Insider Activity

In related news, Director Hazel Cynthia Claxton purchased 1,845 shares of the firm's stock in a transaction on Thursday, February 20th. The shares were acquired at an average cost of C$21.70 per share, with a total value of C$40,036.50. 0.02% of the stock is owned by corporate insiders.

TELUS Company Profile

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.

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