22:34:39 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Telus International (Cda) Inc
Symbol TIXT
Shares Issued 106,830,319
Close 2024-01-26 C$ 11.84
Market Cap C$ 1,264,870,977
Recent Sedar Documents

Globe says Telus International kept at "sector perform"

2024-01-26 07:33 ET - In the News

The Globe and Mail reports in its Friday, Jan. 26, edition that National Bank Financial analyst Richard Tse has reaffirmed his "sector perform" recommendation and $10 share target for Telus International (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that analysts on average target Telus International shares at $11.13. Mr. Tse says in a note: "We're expecting soft FQ4 results from Telus International. ... Accenture's FQ1'24 earnings results saw revenue within the CMT vertical down 11 per cent year-over-year (CC). Given that 68 per cent of Telus International's revenue comes from tech and games and communications and media, we see risk to top-line results in FQ4." The Globe reported on Oct. 27 that Mr. Tse and National Bank colleague John Shao had reaffirmed their "sector perform" recommendation for Telus International when it could be had for $6.21. The Globe reported on Nov. 7 that Citi analyst Ryan Potter had reaffirmed his "neutral" recommendation for Telus International. The shares could then be had for $7. In the item Mr. Potter said even though Telus International's third quarter performance was "relatively solid," he warned "visibility and macro concerns remain."

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