TELUS Co. (TSE:T) Receives Average Recommendation of “Moderate Buy” from Analysts

TELUS Co. (TSE:TGet Rating) (NYSE:TU) has been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$33.75.

T has been the subject of several recent research reports. TD Securities lifted their price target on TELUS from C$33.00 to C$34.00 and gave the company a “buy” rating in a research report on Monday, August 8th. Canaccord Genuity Group reissued a “buy” rating and set a C$34.00 price objective on shares of TELUS in a research note on Friday, July 22nd. Cormark reaffirmed a “buy” rating on shares of TELUS in a research note on Friday, June 17th. CIBC decreased their price target on TELUS from C$34.00 to C$33.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 6th. Finally, Scotiabank boosted their price objective on TELUS from C$34.00 to C$34.50 in a report on Tuesday, September 6th.

TELUS Trading Up 0.5 %

TELUS stock opened at C$28.77 on Friday. TELUS has a 12-month low of C$27.34 and a 12-month high of C$34.65. The company has a current ratio of 0.58, a quick ratio of 0.43 and a debt-to-equity ratio of 131.49. The firm has a market capitalization of C$40.85 billion and a price-to-earnings ratio of 21.47. The firm has a 50 day moving average of C$29.38 and a 200 day moving average of C$30.85.

TELUS (TSE:TGet Rating) (NYSE:TU) last announced its quarterly earnings results on Friday, August 5th. The company reported C$0.32 EPS for the quarter, beating the consensus estimate of C$0.29 by C$0.03. The firm had revenue of C$4.40 billion for the quarter, compared to analysts’ expectations of C$4.44 billion. As a group, research analysts predict that TELUS will post 1.4395106 earnings per share for the current year.

TELUS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Friday, September 9th will be paid a dividend of $0.339 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Thursday, September 8th. TELUS’s dividend payout ratio is presently 97.73%.


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TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network revenue; mobile technologies equipment sale; data revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services.

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Analyst Recommendations for TELUS (TSE:T)

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