TELUS (TSE:T) Price Target Raised to C$23.00 at National Bankshares

TELUS (TSE:T) (NYSE:TU) had its price target raised by National Bankshares from C$22.00 to C$23.00 in a report issued on Friday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

T has been the topic of a number of other reports. Canaccord Genuity Group upped their price target on TELUS from C$20.25 to C$21.50 in a research report on Monday, May 12th. Royal Bank of Canada lowered their price target on TELUS from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. Scotiabank set a C$23.50 price target on TELUS and gave the company an “outperform” rating in a research report on Wednesday, April 16th. TD Securities upped their price target on TELUS from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Finally, Cormark cut TELUS from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, TELUS has an average rating of “Hold” and a consensus target price of C$23.04.

TELUS Stock Down 0.0%

Shares of T stock opened at C$22.38 on Friday. TELUS has a 12 month low of C$19.10 and a 12 month high of C$23.43. The firm has a market cap of C$33.69 billion, a PE ratio of 36.31, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The stock has a 50 day moving average of C$21.26 and a 200-day moving average of C$21.08. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 183.41.

About TELUS

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 services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.