TD Securities Has Lowered Expectations for TELUS (TSE:T) Stock Price

TELUS (TSE:T) (NYSE:TU) had its price objective decreased by equities researchers at TD Securities from C$25.00 to C$21.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 14.44% from the company’s current price.

Several other analysts have also recently weighed in on the stock. BMO Capital Markets cut shares of TELUS from an “outperform” rating to a “hold” rating and decreased their price objective for the stock from C$23.00 to C$19.00 in a research note on Thursday, December 11th. Desjardins set a C$23.00 target price on TELUS and gave the stock a “buy” rating in a report on Monday, January 12th. Canadian Imperial Bank of Commerce raised their price target on TELUS from C$24.00 to C$25.00 in a report on Friday, October 17th. Canaccord Genuity Group upgraded TELUS from a “hold” rating to a “buy” rating in a research report on Thursday, December 4th. Finally, Natl Bk Canada raised TELUS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.38.

TELUS Stock Performance

Shares of TSE:T opened at C$18.35 on Friday. The stock has a market capitalization of C$28.46 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 1.65 and a beta of 0.79. The business’s fifty day moving average price is C$18.40 and its two-hundred day moving average price is C$20.26. TELUS has a fifty-two week low of C$17.26 and a fifty-two week high of C$23.29. The company has a debt-to-equity ratio of 183.41, a current ratio of 0.69 and a quick ratio of 0.52.

TELUS (TSE:T) (NYSE:TU) last posted its earnings results on Thursday, February 12th. The company reported C$0.20 earnings per share for the quarter. The business had revenue of C$5.23 billion for the quarter. TELUS had a net margin of 4.62% and a return on equity of 5.80%. As a group, analysts predict that TELUS will post 1.2267985 EPS for the current fiscal year.

Insiders Place Their Bets

In other TELUS news, Director Thomas Earl Flynn acquired 3,000 shares of the stock in a transaction dated Wednesday, December 24th. The stock was purchased at an average cost of C$17.45 per share, with a total value of C$52,350.00. Following the transaction, the director owned 14,389 shares in the company, valued at approximately C$251,088.05. The trade was a 26.34% increase in their position. Also, Director David Lawrence Mowat bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were acquired at an average cost of C$17.37 per share, with a total value of C$52,110.00. Following the purchase, the director directly owned 14,486 shares of the company’s stock, valued at C$251,621.82. This trade represents a 26.12% increase in their ownership of the stock. In the last 90 days, insiders have bought 258,245 shares of company stock valued at $4,486,022. 0.02% of the stock is currently owned by insiders.

More TELUS News

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: TELUS named former CIBC chief Victor Dodig as CEO, replacing long-time leader Darren Entwistle — markets may view Dodig’s track record and governance credentials as a potential catalyst for renewed strategic focus and dividend discipline. Article Title
• Positive Sentiment: TELUS announced a quarterly cash dividend (payable April 1, 2026), supporting income investors and the stock’s defensive yield story. Article Title
• Positive Sentiment: Strategic tech win — Photonic Inc. demonstrated quantum communications over TELUS’s network, highlighting R&D and potential future premium services. Article Title
• Neutral Sentiment: TELUS raised consumer pricing (latest $15 hike), making its plans more expensive than Rogers/Bell — could boost ARPU but risks churn and regulatory scrutiny. Article Title
• Neutral Sentiment: Corporate housekeeping — amalgamation with Telus International effective Jan 1 and an AGM/record date set; largely administrative but relevant for ownership and reporting. Article Title
• Negative Sentiment: Quarterly results disappointed on weakness in mobile equipment sales (C$0.20 EPS; margins compressed), a clear near-term headwind for revenue and profitability. Article Title
• Negative Sentiment: Analysts trimmed price targets — TD Securities lowered target to C$21 (still a buy) and Atb Cormark to C$19 — signaling reduced near-term upside expectations and contributing to selling pressure. Article Title
• Negative Sentiment: Regulatory/operational setbacks: a federally backed e-prescribing project built with Telus Health is being shut down after large public investment — a reputational and financial negative for health-tech initiatives. Article Title
• Negative Sentiment: Ongoing intense competition in high-speed internet (battle with Bell, Rogers) pressures pricing and subscriber growth prospects in key markets. Article Title

TELUS Company Profile

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.