Recent Research Analysts’ Ratings Changes for TELUS (T)

TELUS (TSE: T) has recently received a number of price target changes and ratings updates:

• 1/8/2025 – TELUS had its price target lowered by analysts at Scotiabank from C$23.25 to C$22.50. They now have a “sector perform” rating on the stock.
• 1/8/2025 – TELUS had its price target lowered by analysts at CIBC from C$25.00 to C$24.00. They now have an “outperform” rating on the stock.
• 1/3/2025 – TELUS had its price target lowered by analysts at National Bankshares, Inc. from C$22.00 to C$21.00. They now have a “sector perform” rating on the stock.
• 1/2/2025 – TELUS had its price target lowered by analysts at JPMorgan Chase & Co. from C$23.00 to C$22.00. They now have a “neutral” rating on the stock.
• 12/18/2024 – TELUS had its price target lowered by analysts at Royal Bank of Canada from C$25.00 to C$24.00. They now have an “outperform” rating on the stock.
• 12/13/2024 – TELUS was downgraded by analysts at National Bankshares, Inc. from an “outperform” rating to a “sector perform” rating. They now have a C$22.00 price target on the stock, down previously from C$24.00.
• 12/12/2024 – TELUS was downgraded by analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating.
• 12/3/2024 – TELUS had its price target lowered by analysts at TD Securities from C$26.00 to C$25.00. They now have a “buy” rating on the stock.
• 11/26/2024 – TELUS had its price target lowered by analysts at Scotiabank from C$24.00 to C$23.25.

TELUS Trading Up 0.2 %

Shares of T stock traded up C$0.04 on Wednesday, hitting C$19.74. The company had a trading volume of 1,428,074 shares, compared to its average volume of 3,872,132. TELUS Co. has a twelve month low of C$19.10 and a twelve month high of C$24.92. The company has a debt-to-equity ratio of 171.58, a quick ratio of 0.52 and a current ratio of 0.66. The firm has a market cap of C$29.22 billion, a P/E ratio of 37.25, a P/E/G ratio of 1.65 and a beta of 0.72. The stock’s 50-day moving average is C$20.83 and its two-hundred day moving average is C$21.60.

TELUS Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Wednesday, December 11th were issued a $0.402 dividend. This is a positive change from TELUS’s previous quarterly dividend of $0.39. The ex-dividend date was Wednesday, December 11th. This represents a $1.61 annualized dividend and a yield of 8.15%. TELUS’s payout ratio is presently 294.34%.

Insider Buying and Selling at TELUS

In related news, Director Victor George Dodig acquired 100,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were bought at an average price of C$21.38 per share, with a total value of C$2,138,000.00. Also, Director Marc Parent bought 19,100 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average cost of C$22.04 per share, with a total value of C$420,964.00. Insiders own 0.02% of the company’s stock.

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 services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.