TELUS Corporation (T) Gets a Buy Rating from National Bank


In a latest note to investors, a research analyst has provided a rating update for the Technology company, TELUS Corporation (T). Analyst Adam Shine from National Bank reiterated a Buy rating, with a C$52 price target today.

According to TipRanks.com, Shine is a 4-star analyst with an average return of 6.8% and a 66.7% success rate. Shine covers the Services sector, focusing on stocks such as Thomson Reuters Corp, DHX Media, and Cineplex.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for TELUS Corporation with a C$52.33 average price target, representing an 11.1% upside. In a report released today, RBC Capital also reiterated a Buy rating on the stock with a C$52 price target.

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The company has a one-year high of C$49.15 and a one-year low of C$43.88. Currently, TELUS Corporation has an average volume of 1.2M.

TELUS Corp. operates as a telecommunications company. The comapny specializes in telecommunication services and products primarily for wireless and wireline voice and data. It operates through the Wireless and Wireline segments. The Wireless segment refers to the data and voice products for mobile technologies.

The company’s shares closed on Friday at C$47.12.