TELUS (TSE:T) (NYSE:TU) had its price objective decreased by JPMorgan Chase & Co. from C$53.00 to C$50.00 in a report published on Monday morning.

T has been the subject of several other research reports. Desjardins raised their price target on TELUS from C$49.50 to C$51.00 in a report on Monday, November 13th. TD Securities raised their price target on TELUS from C$51.00 to C$53.00 in a report on Monday, November 27th. National Bank Financial lifted their target price on TELUS from C$48.00 to C$50.00 and gave the stock an outperform rating in a report on Friday, November 10th. Canaccord Genuity lifted their target price on TELUS from C$50.00 to C$51.00 in a report on Monday, November 13th. Finally, Citigroup decreased their target price on TELUS from C$54.00 to C$52.00 in a report on Friday, February 9th. Five investment analysts have rated the stock with a buy rating, The company has an average rating of Buy and a consensus price target of C$50.92.

Shares of TELUS (TSE T) opened at C$44.28 on Monday. The firm has a market capitalization of $26,150.00, a PE ratio of 18.00 and a beta of 0.49. TELUS has a twelve month low of C$42.22 and a twelve month high of C$48.94.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Friday, March 9th will be issued a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend is Thursday, March 8th. TELUS’s dividend payout ratio (DPR) is 80.08%.

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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.

Analyst Recommendations for TELUS (TSE:T)

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