Telus (TSE:T) (NYSE:TU) had its price target increased by research analysts at Royal Bank of Canada from C$51.00 to C$52.00 in a research note issued to investors on Tuesday, April 10th. Royal Bank of Canada’s price target would suggest a potential upside of 16.20% from the stock’s previous close.
Other analysts have also recently issued research reports about the stock. Citigroup lowered their target price on shares of Telus from C$54.00 to C$52.00 in a research note on Friday, February 9th. JPMorgan Chase decreased their price objective on shares of Telus from C$53.00 to C$50.00 in a research note on Monday, February 12th. Finally, TD Securities upped their price objective on shares of Telus from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research note on Friday, February 9th.
Shares of T opened at C$44.75 on Tuesday. Telus has a 52 week low of C$43.30 and a 52 week high of C$48.94.
Telus (TSE:T) (NYSE:TU) last posted its earnings results on Thursday, February 8th. The company reported C$0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.56 by C($0.01). The business had revenue of C$3.47 billion during the quarter, compared to the consensus estimate of C$3.43 billion. Telus had a net margin of 8.29% and a return on equity of 13.52%.
WARNING: This article was originally published by Macon Daily and is owned by of Macon Daily. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://macondaily.com/2018/04/20/royal-bank-of-canada-raises-telus-t-price-target-to-c52-00-updated.html.
Telus Company Profile
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 security and cloud-based services; healthcare solutions; business process outsourcing; and security solutions.
Receive News & Ratings for Telus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telus and related companies with MarketBeat.com's FREE daily email newsletter.