Telus Corporation – Consensus Indicates Potential 9.2% Upside

Broker Ratings

Telus Corporation with ticker code (TU) now have 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 28.22 and 23.85 calculating the average target price we see 26.01. With the stocks previous close at 23.81 this would indicate that there is a potential upside of 9.2%. The 50 day moving average now sits at 23.2 and the 200 day MA is 22.44. The company has a market cap of $32,337m. Company Website: https://www.telus.com

The potential market cap would be $35,325m 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 Wireless and Wireline segments. The Wireless segment offers a range of telecommunications products and services. Its wireless products and services include network revenue comprising data and voice; and equipment sales from mobile technologies. The Wireline segment includes 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. It has 16.0 million subscriber connections, which include 9.0 million mobile phone subscribers; 1.8 million mobile connected device subscribers; 2.1 million internet subscribers; 1.2 million residential voice subscribers; 1.2 million TV subscribers; and 707,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was founded in 1993 and is headquartered in Vancouver, Canada.

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