TELUS Co. (T) Price Target Raised to C$51.00 at Canaccord Genuity
Several other analysts have also recently commented on the stock. CIBC lifted their target price on shares of TELUS from C$48.00 to C$50.00 in a research note on Monday. Royal Bank Of Canada raised shares of TELUS from a sector perform rating to an outperform rating and lifted their target price for the stock from C$47.00 to C$51.00 in a research note on Friday. TD Securities lifted their target price on shares of TELUS from C$48.00 to C$49.00 and gave the stock a hold rating in a research note on Monday, August 14th. J P Morgan Chase & Co lifted their target price on shares of TELUS from C$49.00 to C$53.00 in a research note on Monday. Finally, Scotiabank raised shares of TELUS from a sector perform rating to an outperform rating and lifted their target price for the stock from C$50.00 to C$54.00 in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of C$51.08.
Shares of TELUS (TSE:T) traded up C$0.02 on Monday, hitting C$48.49. 894,088 shares of the stock were exchanged, compared to its average volume of 992,642. TELUS has a fifty-two week low of C$40.97 and a fifty-two week high of C$48.77.
COPYRIGHT VIOLATION WARNING: This piece was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/telus-co-t-price-target-raised-to-c51-00-at-canaccord-genuity/1703132.html.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 11th will be issued a $0.505 dividend. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Friday, December 8th. This is a positive change from TELUS’s previous quarterly dividend of $0.49. TELUS’s dividend payout ratio (DPR) is 89.79%.
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 (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.
Receive News & Ratings for TELUS Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.