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TELUS (T) Stock Forecast & Price Target

TELUS logo
C$19.27 -0.19 (-0.98%)
(As of 12:33 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

Sell
1
Hold
4
Buy
6

Based on 11 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 11 analysts, 1 has given a sell rating, 4 have given a hold rating, and 6 have given a buy rating for T.

Consensus Price Target

C$24.23
25.74% Upside
According to the 11 analysts' twelve-month price targets for TELUS, the average price target is C$24.23. The highest price target for T is C$28.00, while the lowest price target for T is C$21.50. The average price target represents a forecasted upside of 25.74% from the current price of C$19.27.
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T Analyst Ratings Over Time

TypeCurrent Forecast
12/31/23 to 12/30/24
1 Month Ago
12/1/23 to 11/30/24
3 Months Ago
10/2/23 to 10/1/24
1 Year Ago
12/31/22 to 12/31/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
4 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$24.23C$24.40C$24.58C$28.33
Forecasted Upside25.74% Upside11.91% Upside8.51% Upside20.16% Upside
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Buy

T 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.
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T 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.
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TELUS Stock vs. The Competition

TypeTELUSCommunication Services Companies
Consensus Rating Score
2.45
2.71
Consensus RatingHoldModerate Buy
News Sentiment Rating
Neutral News

See Recent T News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/18/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetOutperformC$25.00 ➝ C$24.00+20.97%
12/13/2024National Bankshares
1 of 5 stars
 DowngradeOutperform ➝ Sector PerformC$24.00 ➝ C$22.00+6.13%
12/12/2024National Bank Financial
5 of 5 stars
A. Shine
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DowngradeStrong-Buy ➝ Hold
12/3/2024TD Securities
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 Lower TargetBuyC$26.00 ➝ C$25.00+13.69%
11/26/2024Scotiabank
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M. Yaghi
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Lower TargetC$24.00 ➝ C$23.25+8.85%
11/11/2024Cormark
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 Lower TargetC$26.00 ➝ C$25.00+13.79%
10/9/2024Barclays
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 Lower TargetC$24.00 ➝ C$23.00+4.26%
9/5/2024BMO Capital Markets
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 Boost TargetC$24.00 ➝ C$25.00+9.75%
8/6/2024Canaccord Genuity Group
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A. Galappatthige
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DowngradeBuy ➝ HoldC$23.00 ➝ C$21.50-5.45%
8/6/2024CIBC
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 Lower TargetOutperformC$25.00 ➝ C$24.00+5.54%
7/10/2024JPMorgan Chase & Co.
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 Lower TargetNeutralC$24.00 ➝ C$23.00+9.52%
1/26/2024Veritas Investment Research
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 DowngradeBuy ➝ ReduceC$27.00+10.66%
1/26/2024Desjardins
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 Boost TargetBuyC$27.00 ➝ C$28.00+14.75%
10/10/2023UBS Group
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 Lower TargetC$27.00 ➝ C$24.00+5.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:39 PM ET.


Should I Buy TELUS Stock? T 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 Sunday, December 22, 2024. Please send any questions or comments about these TELUS pros and cons to contact@marketbeat.com.

TELUS
Bull Case

green Wall Street bull icon

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

  • Recent analyst ratings indicate a consensus "Moderate Buy" for TELUS Co., suggesting positive sentiment among market experts.
  • The stock has a potential upside of approximately 13.69% based on the latest price target of C$25.00 set by TD Securities, which reflects optimism about future performance.
  • Insider buying activity, such as the acquisition of 100,000 shares by Director Victor George Dodig, can signal confidence in the company's future prospects.
  • The current stock price is C$21.99, which is near its 1-year low of C$20.04, potentially offering a buying opportunity for investors looking for value.
  • Despite recent downgrades, several analysts maintain buy ratings, indicating that there is still strong belief in the company's long-term growth potential.

TELUS
Bear Case

red Wall Street bear icon

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

  • Recent downgrades from multiple analysts, including a reduction in target prices, suggest a cautious outlook on the stock's near-term performance.
  • The stock has experienced volatility, with a recent decline of 1.5%, indicating potential instability in the market.
  • High debt-to-equity ratio of 171.58 may raise concerns about the company's financial leverage and ability to manage debt effectively.
  • Analysts have noted a decrease in target prices from C$26.00 to C$25.00, reflecting a downward revision in growth expectations.
  • With a P/E ratio of 41.49, the stock may be considered overvalued compared to industry peers, which could deter value-focused investors.

T Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for TELUS is C$24.23, with a high forecast of C$28.00 and a low forecast of C$21.50.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There is currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" T shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in T, but not buy additional shares or sell existing shares.

According to analysts, TELUS's stock has a predicted upside of 25.74% based on their 12-month stock forecasts.

Over the previous 90 days, TELUS's stock had 2 downgrades and 1 upgrade by analysts.

TELUS has been rated by research analysts at Barclays, Cormark, National Bank Financial, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.

Analysts like TELUS less than other "communication services" companies. The consensus rating for TELUS is Hold while the average consensus rating for "communication services" companies is Moderate Buy. Learn more on how T compares to other companies.


This page (TSE:T) was last updated on 12/30/2024 by MarketBeat.com Staff
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