TELUS Co. Expected to Post Q2 2017 Earnings of $0.73 Per Share (TSE:T)
TELUS Co. (TSE:T) (NYSE:TU) – Stock analysts at National Bank Financial issued their Q2 2017 earnings estimates for TELUS in a research report issued on Wednesday. National Bank Financial analyst A. Shine forecasts that the company will post earnings of $0.73 per share for the quarter.
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Other research analysts have also issued reports about the company. Royal Bank Of Canada increased their price objective on TELUS from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Monday, May 15th. TD Securities increased their price objective on TELUS from C$46.00 to C$47.00 and gave the stock a “hold” rating in a research note on Monday, March 27th. CIBC upgraded TELUS from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 5th. Morgan Stanley increased their price objective on TELUS from C$44.00 to C$46.00 in a research note on Wednesday, May 17th. Finally, Scotiabank increased their price objective on TELUS from C$46.00 to C$48.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 17th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of C$47.27.
TELUS (T) opened at 44.46 on Friday. The firm has a market cap of $26.28 billion and a P/E ratio of 20.69. The stock’s 50 day moving average is $45.40 and its 200 day moving average is $44.10. TELUS has a one year low of $40.97 and a one year high of $46.29.
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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