TELUS (TSE:T) Price Target Lowered to C$19.00 at Atb Cormark Cm

TELUS (TSE:T) (NYSE:TU) had its price objective dropped by equities research analysts at Atb Cormark Cm from C$20.00 to C$19.00 in a report released on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Atb Cormark Cm’s target price indicates a potential upside of 3.26% from the company’s previous close.

T has been the subject of a number of other reports. Natl Bk Canada raised shares of TELUS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 25th. Scotiabank reduced their price objective on TELUS from C$22.50 to C$22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 20th. TD Securities decreased their price objective on TELUS from C$25.00 to C$21.00 and set a “buy” rating for the company in a research report on Friday. Morgan Stanley dropped their target price on TELUS from C$25.00 to C$20.00 in a report on Wednesday, December 10th. Finally, BMO Capital Markets lowered shares of TELUS from an “outperform” rating to a “hold” rating and lowered their price objective for the company from C$23.00 to C$19.00 in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$21.38.

TELUS Stock Down 3.0%

TELUS stock traded down C$0.56 during midday trading on Friday, reaching C$18.40. The company’s stock had a trading volume of 12,583,946 shares, compared to its average volume of 7,081,966. The company has a market cap of C$28.54 billion, a P/E ratio of 23.59, a P/E/G ratio of 1.65 and a beta of 0.79. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 183.41. The business has a 50-day simple moving average of C$18.41 and a 200-day simple moving average of C$20.30. TELUS has a fifty-two week low of C$17.26 and a fifty-two week high of C$23.29.

TELUS (TSE:T) (NYSE:TU) last released its quarterly earnings data on Thursday, February 12th. The company reported C$0.20 earnings per share (EPS) for the quarter. The company had revenue of C$5.23 billion during the quarter. TELUS had a net margin of 4.62% and a return on equity of 5.80%. On average, research analysts expect that TELUS will post 1.2267985 earnings per share for the current fiscal year.

Insider Activity at TELUS

In related news, Director David Lawrence Mowat acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The shares were bought at an average price of C$17.37 per share, for a total transaction of C$52,110.00. Following the acquisition, the director owned 14,486 shares in the company, valued at C$251,621.82. This trade represents a 26.12% increase in their position. Also, Director Thomas Earl Flynn bought 3,000 shares of TELUS stock in a transaction that occurred on Wednesday, December 24th. The stock was bought at an average price of C$17.45 per share, with a total value of C$52,350.00. Following the purchase, the director owned 14,389 shares of the company’s stock, valued at C$251,088.05. This trade represents a 26.34% increase in their position. In the last quarter, insiders have purchased 258,245 shares of company stock worth $4,486,022. 0.02% of the stock is owned by company insiders.

TELUS News Summary

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: TELUS named Victor Dodig, former CIBC CEO, as successor to Darren Entwistle — a board move investors may view as bringing fresh financial discipline and a focus on shareholder returns. Article Title
• Positive Sentiment: TELUS declared a quarterly cash dividend of C$0.4184 per share (payable April 1), signaling management commitment to income returns that can support investor confidence despite growth headwinds. Article Title
• Neutral Sentiment: TELUS partnered with Photonic Inc. to demonstrate quantum communications over existing network infrastructure — a long‑term technology milestone that could differentiate the network but is unlikely to drive near‑term revenue. Article Title
• Neutral Sentiment: TELUS completed an internal consolidation/amalgamation with its Telus International subsidiary and set an AGM record date — corporate housekeeping that reduces complexity but has limited immediate market impact. Article Title
• Negative Sentiment: Quarterly results showed EPS of C$0.20 and revenue of C$5.23B, with management citing weakness in mobile equipment sales — results that investors read as evidence of slowing growth and pressure on margins. Article Title
• Negative Sentiment: Competitive tension with Bell over high‑speed internet is intensifying in western Canada, raising the prospect of tougher pricing, higher marketing spend and capex to defend market share. Article Title
• Negative Sentiment: Telus Health faced a setback as a federally backed e‑prescribing service it helped build is being shut down after significant spending, creating reputational and potential financial downsides for that division. Article Title

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.