Telus (T) Price Target Raised to C$52.00

Telus (TSE:T) (NYSE:TU) had its price objective hoisted by research analysts at Royal Bank of Canada from C$51.00 to C$52.00 in a research note issued to investors on Tuesday, April 10th. Royal Bank of Canada’s target price points to a potential upside of 16.31% from the company’s previous close.

A number of other equities analysts have also issued reports on the company. JPMorgan Chase lowered their price target on Telus from C$53.00 to C$50.00 in a report on Monday, February 12th. Citigroup lowered their price target on Telus from C$54.00 to C$52.00 in a report on Friday, February 9th. Finally, TD Securities lifted their price objective on Telus from C$53.00 to C$54.00 and gave the company a “buy” rating in a report on Friday, February 9th.

How to Become a New Pot Stock Millionaire

Shares of TSE:T traded up C$0.13 during midday trading on Tuesday, hitting C$44.71. The company had a trading volume of 242,127 shares, compared to its average volume of 999,103. Telus has a twelve month low of C$43.30 and a twelve month high of C$48.94.

Telus (TSE:T) (NYSE:TU) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.55 EPS for the quarter, missing the consensus estimate of C$0.56 by C($0.01). The firm had revenue of C$3.47 billion for the quarter, compared to analysts’ expectations of C$3.43 billion. Telus had a return on equity of 13.52% and a net margin of 8.29%.

TRADEMARK VIOLATION WARNING: “Telus (T) Price Target Raised to C$52.00” was originally posted by Week Herald and is owned by of Week Herald. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at

About Telus

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications products and services in Canada. It operates through Wireless and Wireline segments. The company's telecommunications products and services comprise wireless and wireline voice and data services; data services, including Internet protocol; television services; hosting, managed information technology, and security and cloud-based services; healthcare solutions; business process outsourcing; and security solutions.

Receive News & Ratings for Telus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telus and related companies with's FREE daily email newsletter.

Leave a Reply