Gabelli reaffirmed their hold rating on shares of TELUS Co. (TSE:T) in a research report sent to investors on Thursday morning.

Other equities research analysts also recently issued research reports about the company. Citigroup Inc. boosted their price objective on TELUS from C$46.00 to C$48.00 in a report on Tuesday, July 19th. Desjardins upgraded TELUS from a hold rating to a buy rating in a report on Thursday, August 11th. TD Securities reiterated a hold rating and issued a C$43.00 price objective on shares of TELUS in a report on Thursday, July 7th. JPMorgan Chase & Co. boosted their price objective on TELUS from C$43.00 to C$47.00 and gave the company a neutral rating in a report on Monday, August 8th. Finally, Barclays PLC boosted their price objective on TELUS from C$46.00 to C$48.00 and gave the company an overweight rating in a report on Monday, August 8th. Nine analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of C$44.83.

Shares of TELUS (TSE:T) opened at 42.03 on Thursday. The firm has a 50-day moving average price of $0.00 and a 200-day moving average price of $0.00.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Friday, September 9th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, September 7th. This represents a $1.84 annualized dividend and a dividend yield of 4.38%.

TELUS Company Profile

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, television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

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