Royal Bank Of Canada Raises TELUS Co. (T) Price Target to C$46.00

TELUS Co. (TSE:T) (NYSE:TU) had its price objective hoisted by Royal Bank Of Canada from C$45.00 to C$46.00 in a report released on Monday morning. The brokerage currently has a sector perform rating on the stock.

T has been the topic of several other research reports. Scotiabank boosted their target price 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. TD Securities boosted their target price on TELUS from C$47.00 to C$49.00 and gave the company a hold rating in a research report on Friday, May 12th. Finally, Morgan Stanley boosted their target price on TELUS from C$44.00 to C$46.00 in a research report on Wednesday, May 17th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of C$47.56.

Shares of TELUS (TSE T) opened at 44.91 on Monday. The stock has a market capitalization of $26.54 billion and a P/E ratio of 20.90. TELUS has a 12-month low of $40.97 and a 12-month high of $46.29. The firm’s 50-day moving average is $45.09 and its 200 day moving average is $44.50.

TRADEMARK VIOLATION NOTICE: This story was reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://www.com-unik.info/2017/08/17/royal-bank-of-canada-raises-telus-co-t-price-target-to-c46-00.html.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 8th will be given a dividend of $0.4925 per share. The ex-dividend date is Thursday, September 7th. This represents a $1.97 annualized dividend and a dividend yield of 4.39%. This is an increase from TELUS’s previous quarterly dividend of $0.48.

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; data services, including Internet protocol; television; hosting, managed information technology, and cloud-based services; healthcare solutions; and business process outsourcing solutions.

Analyst Recommendations for TELUS (TSE:T)

What are top analysts saying about TELUS Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for TELUS Co. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit