TELUS (TSE: T) has recently received a number of price target changes and ratings updates:
- 11/8/2019 – TELUS had its price target raised by analysts at Royal Bank of Canada from C$53.00 to C$55.00. They now have an “outperform” rating on the stock.
- 11/8/2019 – TELUS had its price target raised by analysts at National Bank Financial from C$53.00 to C$54.00. They now have an “outperform” rating on the stock.
- 11/1/2019 – TELUS was downgraded by analysts at Standpoint Research from a “buy” rating to a “hold” rating.
- 11/1/2019 – TELUS had its price target raised by analysts at JPMorgan Chase & Co. from C$39.00 to C$42.00.
T traded up C$0.18 during trading on Friday, hitting C$50.48. 1,127,840 shares of the company traded hands, compared to its average volume of 1,059,058. The firm has a market cap of $30.31 billion and a P/E ratio of 17.48. The stock’s fifty day moving average is C$47.58 and its 200 day moving average is C$48.41. The company has a quick ratio of 0.61, a current ratio of 0.80 and a debt-to-equity ratio of 159.35. TELUS Co. has a one year low of C$44.32 and a one year high of C$51.22.
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 cloud-based services; healthcare solutions; customer care and business services; and home and business security solutions.
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