Desjardins Increases TELUS Co. (T) Price Target to C$51.00

TELUS Co. (TSE:T) (NYSE:TU) had its price target upped by analysts at Desjardins from C$49.50 to C$51.00 in a research note issued to investors on Monday. Desjardins’ price target suggests a potential upside of 5.48% from the stock’s previous close.

Several other equities analysts also recently weighed in on T. Scotiabank lifted their target price on TELUS from C$48.00 to C$50.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada lifted their target price on TELUS from C$45.00 to C$46.00 and gave the company a “sector perform” rating in a research report on Monday, August 14th. TD Securities lifted their target price on TELUS from C$48.00 to C$49.00 and gave the company a “hold” rating in a research report on Monday, August 14th. National Bank Financial lifted their target price on TELUS from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research report on Friday, November 10th. Finally, J P Morgan Chase & Co lifted their target price on TELUS from C$49.00 to C$53.00 in a research report on Monday. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. TELUS has an average rating of “Buy” and a consensus price target of C$51.08.

Shares of TELUS (T) opened at C$48.35 on Monday. TELUS has a 52-week low of C$40.97 and a 52-week high of C$48.77.

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About TELUS

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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