TELUS Corporation (TU) Earns Coverage Optimism Rating of 0.28
Headlines about TELUS Corporation (NYSE:TU) (TSE:T) have been trending positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TELUS Corporation earned a daily sentiment score of 0.28 on Accern’s scale. Accern also gave media stories about the Wireless communications provider an impact score of 47.4502474319337 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Telus Corporation Ordinary Shar (NYSE:TU) Sees Significantly Higher Trading Volume – First News 24 (firstnewspaper24.com)
- Telus Corp (TU) CMF Pushes Into Positive Territory – Evergreen Caller (evergreencaller.com)
- Why TELUS is a Top 10 SAFE International Dividend Stock (TU) – Nasdaq (nasdaq.com)
Shares of TELUS Corporation (NYSE:TU) traded down 0.97% during mid-day trading on Thursday, reaching $35.68. The company had a trading volume of 438,768 shares. TELUS Corporation has a 52-week low of $30.31 and a 52-week high of $36.77. The company has a market cap of $21.09 billion, a price-to-earnings ratio of 20.83 and a beta of 0.89. The firm’s 50-day moving average price is $35.30 and its 200 day moving average price is $33.66.
A number of brokerages have issued reports on TU. BidaskClub raised TELUS Corporation from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 5th. Zacks Investment Research raised TELUS Corporation from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a report on Friday, July 14th. Finally, Canaccord Genuity reissued a “buy” rating and set a $47.00 price objective on shares of TELUS Corporation in a report on Monday, May 8th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. TELUS Corporation currently has an average rating of “Buy” and a consensus target price of $41.33.
TELUS Corporation 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.
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