TELUS Co. (TSE:T) (NYSE:TU) had its target price increased by stock analysts at CIBC from C$48.00 to C$50.00 in a report issued on Monday. CIBC’s price target would suggest a potential upside of 3.41% from the company’s current price.
A number of other research firms also recently commented on T. Royal Bank Of Canada raised TELUS from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$47.00 to C$51.00 in a report on Friday, November 10th. TD Securities increased their target price on TELUS from C$48.00 to C$49.00 and gave the stock a “hold” rating in a report on Monday, August 14th. J P Morgan Chase & Co raised their price target on TELUS from C$49.00 to C$53.00 in a report on Monday. Scotiabank raised TELUS from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$50.00 to C$54.00 in a report on Wednesday, October 25th. Finally, Citigroup Inc. raised their price target on TELUS from C$52.00 to C$54.00 in a report on Monday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$51.08.
TELUS (TSE T) opened at C$48.35 on Monday. TELUS has a 1-year low of C$40.97 and a 1-year high of C$48.77.
TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.
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