TELUS (TU) Stock Forecast & Price Target

$13.86 +0.11 (+0.80%)

(As of 12/20/2024 05:31 PM ET)

TELUS - Analysts' Recommendations and Stock Price Forecast (2025)

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

Hold

Based on 6 Analyst Ratings

Sell
0

Hold
4

Buy
2

Based on 6 Wall Street analysts who have issued ratings for TELUS in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 4 have given a hold rating, and 2 have given a buy rating for TU.

Consensus Price Target

$26.00
87.59% Upside

According to the 6 analysts' twelve-month price targets for TELUS, the average price target is $26.00. The highest price target for TU is $26.00, while the lowest price target for TU is $26.00. The average price target represents a forecasted upside of 87.59% from the current price of $13.86.

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TU Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$26.00	$26.00	$26.00	$20.00
Forecasted Upside	87.59% Upside	69.71% Upside	55.32% Upside	13.90% Upside
Consensus Rating	Hold	Moderate Buy	Hold	Moderate Buy

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TU 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.

TU 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 Stock vs. The Competition

Type	TELUS	Utilities Companies	S&P 500
Consensus Rating Score	2.33	2.53	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	87.59% Upside	28.89% Upside	14.54% Upside
News Sentiment Rating	Neutral News See Recent TU 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
12/16/2024	Morgan Stanley 3 of 5 stars		Initiated Coverage	Equal Weight
12/13/2024	National Bank Financial 5 of 5 stars	A. Shine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
10/28/2024	Scotiabank 5 of 5 stars	M. Yaghi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform
8/6/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Galappatthige Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
2/12/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$27.00 ➝ $26.00	+46.89%
1/4/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral
Get the Latest News and Ratings for TU and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for TELUS and its competitors with MarketBeat's FREE daily newsletter.
10/6/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$33.00 ➝ C$30.00
8/8/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$30.00 ➝ C$29.00
8/7/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$21.00 ➝ $20.00	+16.55%
7/17/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$31.00 ➝ C$29.00
7/17/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$32.00 ➝ C$31.00
7/14/2023	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$29.00 ➝ C$27.50

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:04 PM ET.

Should I Buy TELUS Stock? TU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these TELUS pros and cons to contact@marketbeat.com.

TELUS
Bull Case

Here are some ways that investors could benefit from investing in TELUS Co.:

TELUS Co. recently reported earnings of $0.28 per share, significantly exceeding the consensus estimate of $0.17, indicating strong financial performance and potential for growth.
The stock is currently priced at $15.71, which may present a buying opportunity for investors looking for value in the wireless communications sector.
Analysts have shown a positive outlook, with Scotiabank upgrading TELUS from a "sector perform" to a "sector outperform" rating, suggesting confidence in the company's future performance.
Institutional investors and hedge funds own approximately 49.40% of TELUS Co., indicating strong institutional confidence and support for the company's stock.
The company has demonstrated a year-over-year revenue increase of 1.8%, reflecting its ability to grow even in a competitive market.

TELUS
Bear Case

Investors should be bearish about investing in TELUS Co. for these reasons:

Recent stock performance has shown volatility, with shares trading down 0.3% recently, which may indicate market uncertainty regarding the company's stability.
Toronto Dominion Bank reduced its stake in TELUS Co. by 20.9%, which could signal a lack of confidence from significant investors.
The company has a relatively high P/E ratio of 33.43, suggesting that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
Analysts have mixed ratings on the stock, with one analyst issuing a "sell" rating, indicating potential concerns about future performance.
The debt-to-equity ratio stands at 1.50, which may raise concerns about the company's leverage and financial risk in a rising interest rate environment.

TU Forecast - Frequently Asked Questions

: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for TELUS is $26.00, with a high forecast of $26.00 and a low forecast of $26.00.
: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TU, but not buy additional shares or sell existing shares.
: According to analysts, TELUS's stock has a predicted upside of 87.59% based on their 12-month stock forecasts.
: Over the previous 90 days, TELUS's stock had 1 upgrade and 1 downgrade by analysts.
: TELUS has been rated by research analysts at Morgan Stanley, National Bank Financial, and Scotiabank in the past 90 days.
: Analysts like TELUS less than other "utilities" companies. The consensus rating for TELUS is Hold while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how TU compares to other companies.

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My research indicates there is only one investment that can meet AI's unprecedented demand for energy.

Click to get the name and ticker symbol

This page (NYSE:TU) was last updated on 12/21/2024 by MarketBeat.com Staff

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TELUS (TU) Stock Forecast & Price Target