TELUS Co. (TSE:T – Get Free Report) (NYSE:TU) has earned an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$21.79.
T has been the subject of several research analyst reports. JPMorgan Chase & Co. downgraded shares of TELUS from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from C$22.00 to C$19.00 in a report on Tuesday, November 18th. National Bankshares reduced their price objective on TELUS from C$21.50 to C$21.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 30th. BMO Capital Markets downgraded TELUS from an “outperform” rating to a “hold” rating and dropped their target price for the company from C$23.00 to C$19.00 in a research report on Thursday, December 11th. CIBC lifted their price target on TELUS from C$24.00 to C$25.00 in a research note on Friday, October 17th. Finally, Morgan Stanley lowered their price objective on TELUS from C$25.00 to C$20.00 in a research note on Wednesday, December 10th.
View Our Latest Stock Analysis on TELUS
More TELUS News
- Positive Sentiment: Multiple directors materially increased their stakes in late December—Director (and long‑time CEO) Darren Entwistle purchased 190,000 shares at ~C$17.38 (plus a smaller 2,600‑share buy), and directors Thomas Flynn, David Mowat and Hazel Claxton each added several thousand shares at ~C$17.37–17.46. Large insider accumulation, especially by the CEO, signals executive confidence and can support the stock. MarketBeat: TELUS insider trades
- Negative Sentiment: An MSN piece recommends buying a different TSX dividend stock instead of Telus, which could weigh on dividend‑income investor sentiment and pressure the stock if that view gains traction. MSN article
- Negative Sentiment: CBC reported a Telus outage that knocked out cellular service on Haida Gwaii; while the issue appears localized and repairs are underway, service interruptions can cause short‑term customer frustration and localized reputational risk. CBC: Telus outage
TELUS Stock Up 1.1%
T stock opened at C$19.01 on Friday. The firm has a 50-day moving average price of C$18.27 and a 200-day moving average price of C$20.62. TELUS has a 12 month low of C$17.26 and a 12 month high of C$23.29. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. The stock has a market capitalization of C$29.48 billion, a P/E ratio of 24.37, a price-to-earnings-growth ratio of 1.65 and a beta of 0.85.
TELUS (TSE:T – Get Free Report) (NYSE:TU) last released its quarterly earnings data on Friday, November 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$5.07 billion during the quarter. TELUS had a net margin of 4.62% and a return on equity of 5.80%. As a group, equities research analysts anticipate that TELUS will post 1.2267985 EPS for the current fiscal year.
Insider Buying and Selling at TELUS
In other TELUS news, Director Hazel Cynthia Claxton purchased 3,445 shares of the firm’s stock in a transaction on Wednesday, December 24th. The stock was purchased at an average cost of C$17.46 per share, for a total transaction of C$60,149.70. Following the transaction, the director owned 8,403 shares in the company, valued at C$146,716.38. The trade was a 69.48% increase in their position. Also, Director Darren Entwistle purchased 190,000 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were acquired at an average price of C$17.38 per share, for a total transaction of C$3,302,200.00. Following the acquisition, the director owned 1,070,741 shares of the company’s stock, valued at C$18,609,478.58. This trade represents a 21.57% increase in their position. In the last quarter, insiders have bought 258,245 shares of company stock valued at $4,486,022. Insiders own 0.02% of the company’s stock.
About TELUS
Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.
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