TELUS Co. (T) Price Target Increased to C$49.00 by Analysts at TD Securities

TELUS Co. (TSE:T) (NYSE:TU) had its price objective raised by TD Securities from C$47.00 to C$49.00 in a research note released on Friday morning. TD Securities currently has a hold rating on the stock.

Several other research analysts also recently commented on T. Scotiabank boosted their target price on TELUS from C$44.00 to C$46.00 and gave the stock a sector perform rating in a report on Wednesday, April 26th. CIBC raised TELUS from a neutral rating to an outperform rating in a report on Wednesday, April 5th. Royal Bank of Canada reissued a sector perform rating and issued a C$44.00 target price on shares of TELUS in a report on Friday, February 10th. Barclays PLC boosted their target price on TELUS from C$48.00 to C$50.00 in a report on Friday, February 10th. Finally, National Bank Financial raised TELUS from a sector perform rating to an outperform rating and boosted their target price for the stock from C$44.00 to C$46.00 in a report on Monday, February 6th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of C$47.27.

Shares of TELUS (TSE:T) opened at 45.21 on Friday. TELUS has a one year low of $45.00 and a one year high of $45.60. The company has a market cap of $26.67 billion and a P/E ratio of 21.95. The company has a 50 day moving average price of $44.75 and a 200 day moving average price of $43.43.

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About TELUS

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

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