TELUS Co. (T) Price Target Raised to C$51.00
A number of other analysts have also recently issued reports on T. Citigroup Inc. increased their price objective on shares of TELUS from C$52.00 to C$54.00 in a research note on Monday. National Bank Financial increased their price objective on shares of TELUS from C$48.00 to C$50.00 and gave the stock an outperform rating in a research note on Friday, November 10th. CIBC increased their price objective on shares of TELUS from C$48.00 to C$50.00 in a research note on Monday. J P Morgan Chase & Co increased their price objective on shares of TELUS from C$49.00 to C$53.00 in a research note on Monday. Finally, TD Securities increased their price objective 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. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$51.08.
Shares of TELUS (TSE T) opened at C$48.12 on Monday. TELUS has a 52 week low of C$41.52 and a 52 week high of C$48.77.
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The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 11th will be paid a dividend of $0.505 per share. This represents a $2.02 annualized dividend and a yield of 4.20%. This is a boost from TELUS’s previous quarterly dividend of $0.49. The ex-dividend date is Friday, December 8th. TELUS’s dividend payout ratio (DPR) is presently 91.31%.
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.
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