22:10:01 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Telus Corp (2)
Symbol T
Shares Issued 1,454,446,276
Close 2023-11-07 C$ 24.02
Market Cap C$ 34,935,799,550
Recent Sedar Documents

Globe says RBC's McReynolds keeps Telus at "outperform"

2023-11-07 08:16 ET - In the News

The Globe and Mail reports in its Tuesday, Nov. 7, edition that RBC Capital Markets analyst Drew McReynolds is keeping his "outperform" call on Telus intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds hiked his share target ahead by a loonie to $30. Analysts on average target the shares at $27.38. Mr. McReynolds says in a note: "We believe Q3/23 results demonstrated notable resilience in a more competitively intense operating environment with strong subscriber growth across the board. Following a modest increase in the TTech margin trajectory, our price target increases." The Globe reported on Oct. 20 that CIBC World Markets analyst Stephanie Price had reaffirmed her "outperformer" recommendation for Telus when it was worth $22.12. The Globe reported on Oct. 24 that Scotia Capital analyst Maher Yaghi continued to rate Telus "sector outperform." It was then worth $22.36. The Globe reported on Oct. 27 that National Bank analyst Adam Shine continued to rate Telus "outperform." The shares could then be had for $22.01.

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