TD Securities Boosts TELUS Co. (T) Price Target to C$49.00

TELUS Co. (TSE:T) (NYSE:TU) had its price target boosted by TD Securities from C$47.00 to C$49.00 in a report released on Friday, May 12th. TD Securities currently has a hold rating on the stock.

Other equities analysts have also recently issued research reports about the company. CIBC boosted their price target on TELUS from C$44.00 to C$45.00 in a research report on Friday, February 10th. Barclays PLC boosted their price target on TELUS from C$48.00 to C$50.00 in a research report on Friday, February 10th. National Bank Financial boosted their price target on TELUS from C$44.00 to C$46.00 and gave the company an outperform rating in a research report on Tuesday, February 7th. Scotiabank boosted their price target on TELUS from C$44.00 to C$46.00 and gave the company a sector perform rating in a research report on Wednesday, April 26th. Finally, Royal Bank Of Canada restated a sector perform rating and issued a C$44.00 price target on shares of TELUS in a research report on Friday, February 10th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. TELUS currently has a consensus rating of Buy and an average target price of C$47.27.

TELUS (T) traded up 1.04% during midday trading on Friday, hitting $45.46. The company had a trading volume of 4,348,650 shares. The stock has a market capitalization of $26.87 billion and a PE ratio of 21.15. TELUS has a 52 week low of $40.31 and a 52 week high of $46.29. The stock has a 50 day moving average price of $45.50 and a 200-day moving average price of $43.92.

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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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