1 week Ago By ABMN Staff
TELUS ( TSE:T – Free Report ) (NYSE:TU) had its price objective reduced by JPMorgan Chase & Co. from C$23.00 to C$22.
00 in a research report sent to investors on Thursday, BayStreet.CA reports. They currently have a neutral rating on the stock.
T has been the subject of a number of other reports. BMO Capital Markets raised their price target on shares of TELUS from C$24.00 to C$25.
00 in a report on Thursday, September 5th. Royal Bank of Canada reduced their target price on TELUS from C$25.00 to C$24.
00 and set an “outperform” rating for the company in a research note on Wednesday, December 18th. TD Securities dropped their price target on TELUS from C$26.00 to C$25.
00 and set a “buy” rating on the stock in a research note on Tuesday, December 3rd. Cormark cut their price target on TELUS from C$26.00 to C$25.
00 in a report on Monday, November 11th. Finally, Barclays decreased their price objective on TELUS from C$24.00 to C$23.
00 in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$24.
15. View Our Latest Report on TELUS TELUS Price Performance TELUS Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th were issued a dividend of $0.
402 per share. This represents a $1.61 dividend on an annualized basis and a yield of 8.
19%. This is an increase from TELUS’s previous quarterly dividend of $0.39.
The ex-dividend date of this dividend was Wednesday, December 11th. TELUS’s payout ratio is currently 294.34%.
Insider Transactions at TELUS In other TELUS news, Director Victor George Dodig bought 100,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was purchased at an average cost of C$21.38 per share, with a total value of C$2,138,000.
00. Also, Director Marc Parent purchased 19,100 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was bought at an average cost of C$22.
04 per share, for a total transaction of C$420,964.00. Company insiders own 0.
02% of the company’s stock. About TELUS ( Get Free Report ) TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments.
The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products. Further Reading Receive News & Ratings for TELUS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS and related companies with MarketBeat.com's FREE daily email newsletter .
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