TELUS Co. (T) Receives C$51.25 Average Target Price from Brokerages

TELUS Co. (TSE:T) (NYSE:TU) has been assigned an average rating of “Buy” from the twelve analysts that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$51.25.

Several analysts have weighed in on T shares. TD Securities boosted their price objective on TELUS from C$51.00 to C$53.00 in a research report on Monday, November 27th. Barclays boosted their price objective on TELUS from C$52.00 to C$53.00 in a research report on Monday, November 13th. BMO Capital Markets boosted their price objective on TELUS from C$47.00 to C$49.00 in a research report on Monday, November 13th. Canaccord Genuity boosted their price objective on TELUS from C$50.00 to C$51.00 in a research report on Monday, November 13th. Finally, CIBC boosted their target price on TELUS from C$48.00 to C$50.00 in a research note on Monday, November 13th.

Shares of TELUS (TSE T) opened at C$45.56 on Friday. TELUS has a 12-month low of C$42.22 and a 12-month high of C$48.94. The firm has a market capitalization of $26,910.00, a P/E ratio of 21.39 and a beta of 0.49.

TELUS (TSE:T) (NYSE:TU) last announced its quarterly earnings data on Thursday, November 9th. The company reported C$0.66 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.67 by C($0.01). TELUS had a net margin of 11.03% and a return on equity of 17.49%.

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TELUS Company Profile

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.

Analyst Recommendations for TELUS (TSE:T)

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