TELUS International (Cda) (TIXT) Stock Forecast & Price Target

$3.67

-0.07 (-1.87%)

(As of 09/18/2024 ET)

TELUS International (Cda) - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 16 Analyst Ratings

Based on 16 Wall Street analysts who have issued ratings for TELUS International (Cda) in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 16 analysts, 2 have given a sell rating, 13 have given a hold rating, and 1 has given a buy rating for TIXT.

Consensus Price Target

$7.55
105.82% Upside

High Forecast	$20.00
Average Forecast	$7.55
Low Forecast	$3.75

According to the 16 analysts' twelve-month price targets for TELUS International (Cda), the average price target is $7.55. The highest price target for TIXT is $20.00, while the lowest price target for TIXT is $3.75. The average price target represents a forecasted upside of 105.82% from the current price of $3.67.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Reduce	Reduce	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	5 Buy rating(s)	8 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$7.55	$7.55	$12.83	$18.60
Forecasted Upside	105.82% Upside	45.95% Upside	54.29% Upside	27.92% Upside

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TIXT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TIXT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

TELUS International (Cda) Stock vs. The Competition

Type	TELUS International (Cda)	Business Services Companies	S&P 500
Consensus Rating Score	1.94	2.66	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	105.82% Upside	266.18% Upside	7.94% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/7/2024	Scotiabank 5 of 5 stars	D. Goyal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$10.00 ➝ $5.00	+67.22%
8/6/2024	Cibc World Mkts 0 of 5 stars	S. Price Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
8/6/2024	TD Securities 4 of 5 stars	D. Chan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$10.00 ➝ $3.75	+18.67%
8/6/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Outperform ➝ Neutral
8/6/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$10.00 ➝ $3.75	+12.95%
8/5/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$7.00 ➝ $5.00	+50.60%
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8/5/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$7.50 ➝ $4.75	+35.33%
8/5/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$8.00 ➝ $4.00	-3.61%
8/5/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Perlin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$10.00 ➝ $5.00	+20.48%
8/5/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Underperform	$11.00 ➝ $4.00	-3.61%
8/2/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Nolan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
7/17/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$7.00	+6.06%
5/7/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$16.50 ➝ $16.00	+101.51%
4/22/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$10.00 ➝ $8.50	+7.73%
3/19/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$9.00	+7.27%
10/26/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	$16.00 ➝ $10.00	+62.34%
7/14/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform	$32.00 ➝ $17.00	+15.57%
2/10/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$27.00 ➝ $25.00	+15.05%
2/10/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$23.00 ➝ $22.00	+1.24%
1/9/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$30.00 ➝ $27.00	+32.61%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:25 AM ET.

TIXT Forecast - Frequently Asked Questions

What is TELUS International (Cda)'s forecast for 2024?: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for TELUS International (Cda) is $7.55, with a high forecast of $20.00 and a low forecast of $3.75.
Should I buy or sell TELUS International (Cda) stock right now?: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TELUS International (Cda) in the last year. There are currently 2 sell ratings, 13 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" TIXT shares.
Does TELUS International (Cda)'s stock price have much upside?: According to analysts, TELUS International (Cda)'s stock has a predicted upside of 45.95% based on their 12-month stock forecasts.
Has TELUS International (Cda) been downgraded by Wall Street analysts recently?: Over the previous 90 days, TELUS International (Cda)'s stock had 7 downgrades by analysts.
What analysts cover TELUS International (Cda)?: TELUS International (Cda) has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, CIBC, Cibc World Mkts, JPMorgan Chase & Co., Robert W. Baird, Royal Bank of Canada, Scotiabank, TD Cowen, TD Securities, and William Blair in the past 90 days.
Do Wall Street analysts like TELUS International (Cda) more than its competitors?: Analysts like TELUS International (Cda) less than other "business services" companies. The consensus rating for TELUS International (Cda) is Reduce while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how TIXT compares to other companies.