TELUS Corporation (T) Receives a Buy from Desjardins


TELUS Corporation (TSX: T), the Technology company was revisited on October 18, and remains undervalued for at least one analyst on the street. Analyst Maher Yaghi from Desjardins reiterated a Buy rating, with a C$52 price target on October 18.

According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 7.5% and a 73.6% success rate. Yaghi covers the Technology sector, focusing on stocks such as CGI Group, BCE Inc, and Telus.

Read also: Top Analyst Sets Expectations on Facebook (FB) Stock Ahead of 3Q18 Earnings

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TELUS Corporation with a C$51.40 average price target.

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 870.4K.

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$45.69.

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