TELUS Corp has a consensus price target of $25.2 based on the ratings of 6 analysts. The high is $31 issued by RBC Capital on July 17, 2023. The low is $20 issued by Barclays on August 7, 2023. The 3 most-recent analyst ratings were released by Scotiabank, BMO Capital, and Barclays on March 25, 2024, February 12, 2024, and August 7, 2023, respectively. With an average price target of $24 between Scotiabank, BMO Capital, and Barclays, there's an implied 56.66% upside for TELUS Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TELUS (NYSE:TU) was reported by Scotiabank on March 25, 2024. The analyst firm set a price target for $26.00 expecting TU to rise to within 12 months (a possible 69.71% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for TELUS (NYSE:TU) was provided by Scotiabank, and TELUS downgraded their sector perform rating.
There is no last upgrade for TELUS
The last downgrade for TELUS Corp happened on March 25, 2024 when Scotiabank changed their price target from $28 to $26 for TELUS Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TELUS, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TELUS was filed on March 25, 2024 so you should expect the next rating to be made available sometime around March 25, 2025.
While ratings are subjective and will change, the latest TELUS (TU) rating was a downgraded with a price target of $28.00 to $26.00. The current price TELUS (TU) is trading at is $15.32, which is out of the analyst’s predicted range.
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