Telus Corporation found using ticker (TU) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 28.86 and 24.96 calculating the average target price we see 27.35. Now with the previous closing price of 24.51 this would imply there is a potential upside of 11.6%. The 50 day moving average now sits at 25.54 and the 200 moving average now moves to 23.95. The company has a market capitalisation of $34,084m. Visit the company website at: https://www.telus.com
The potential market cap would be $38,033m based on the market concensus.
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network revenue; equipment sales from mobile technologies; data services revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; customer care and business services; healthcare solutions; and home and business security, agriculture, voice, and other telecommunications services. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. It has 16.9 million subscriber connections, which include 9.3 million mobile phone subscribers; 2.1 million connected device subscribers; 2.3 million internet subscribers; 1.1 million residential voice subscribers; 1.3 million TV subscribers; and 804,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada.
