NYSE:TU - TELUS Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $29.13
  • Forecasted Upside: 39.49 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$20.88
▲ +0.47 (2.30%)
1 month | 3 months | 12 months
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Analyst Price Target for TU

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$29.13
▲ +39.49% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for TELUS in the last 3 months. The average price target is $29.13, with a high forecast of $34.00 and a low forecast of $21.00. The average price target represents a 39.49% upside from the last price of $20.88.
Buy
The current consensus among 10 investment analysts is to buy stock in TELUS. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/12/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/11/2019
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/10/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/8/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/6/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/5/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/3/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/5/2021

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/2/2021ScotiabankBoost Price TargetOutperform$32.00 ➝ $34.00Low
i
3/1/2021Credit Suisse GroupInitiated CoverageNeutral$33.00Low
i
2/12/2021National Bank FinancialReiterated RatingOutperformLow
i
Rating by A. Shine at National Bank Financial
2/12/2021BMO Capital MarketsBoost Price TargetOutperform$26.00 ➝ $30.00Low
i
2/12/2021Royal Bank of CanadaBoost Price TargetOutperform$28.00 ➝ $29.00Low
i
2/12/2021TD SecuritiesBoost Price TargetBuy$30.00 ➝ $31.00Low
i
2/12/2021Canaccord GenuityReiterated RatingBuyLow
i
2/5/2021CIBCBoost Price TargetNeutral$26.00 ➝ $28.00Low
i
1/8/2021National Bank FinancialReiterated RatingOutperformLow
i
Rating by A. Shine at National Bank Financial
1/8/2021TD SecuritiesBoost Price TargetBuy$29.00 ➝ $30.00Low
i
1/6/2021Canaccord GenuityUpgradeHold ➝ Buy$24.00 ➝ $27.00N/A
i
12/10/2020ScotiabankBoost Price TargetOutperform$27.50 ➝ $32.00Low
i
11/9/2020National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform OverweightMedium
i
Rating by A. Shine at National Bank Financial
10/2/2020BarclaysInitiated CoverageOverweight$21.00Low
i
8/4/2020Veritas Investment ResearchUpgradeBuyLow
i
Rating by Desmond Lau at Veritas Investment Research
8/4/2020Royal Bank of CanadaBoost Price TargetOutperform$24.00 ➝ $25.00Medium
i
8/4/2020ScotiabankBoost Price TargetOutperform$27.00 ➝ $27.50Medium
i
6/3/2020Canaccord GenuityBoost Price TargetHold$23.00 ➝ $24.00Low
i
5/8/2020CIBCLower Price TargetNeutral$27.00 ➝ $26.00Low
i
5/8/2020Canaccord GenuityReiterated RatingHold$22.00 ➝ $23.00Low
i
4/30/2020ScotiabankLower Price TargetOutperform$27.50 ➝ $27.00Low
i
4/14/2020BMO Capital MarketsUpgradeMarket Perform ➝ OutperformLow
i
4/8/2020Royal Bank of CanadaReiterated RatingBuy$24.00Medium
i
3/18/2020Royal Bank of CanadaLower Price TargetOutperform$57.00 ➝ $51.00N/A
i
2/27/2020DesjardinsReiterated RatingBuyHigh
i
Rating by M. Yaghi at Desjardins
2/27/2020Royal Bank of CanadaReiterated RatingBuy$28.50High
i
2/27/2020ScotiabankReiterated RatingBuy$29.00High
i
2/14/2020TD SecuritiesReiterated RatingBuy$30.50Low
i
2/14/2020BMO Capital MarketsReiterated RatingHold$28.00Low
i
2/14/2020CIBCReiterated RatingHold$27.00Low
i
2/14/2020Canaccord GenuityReiterated RatingHold$27.00Medium
i
2/14/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformMedium
i
Rating by A. Shine at National Bank Financial
11/12/2019Echelon Wealth PartnersReiterated RatingBuy$28.00Low
i
11/8/2019ScotiabankUpgradeSector Perform ➝ OutperformMedium
i
9/30/2019Bank of AmericaUpgradeNeutral ➝ Buy$26.00Medium
i
Rating by David Barden at Bank of America Co.
7/22/2019Canaccord GenuityDowngradeBuy ➝ HoldLow
i
Rating by Aravinda Galappatthige at Canaccord Genuity
7/3/2019CitigroupDowngradeBuy ➝ NeutralLow
i
5/12/2019BarclaysReiterated RatingBuy$20.50Low
i
5/10/2019Bank of AmericaReiterated RatingHoldLow
i
Rating by David Barden at Bank of America Co.
4/9/2019Royal Bank of CanadaReiterated RatingBuyLow
i
Rating by Drew Mcreynolds at Royal Bank of Canada
2/15/2019Canaccord GenuityReiterated RatingBuyLow
i
Rating by Aravinda Galappatthige at Canaccord Genuity
2/15/2019Echelon Wealth PartnersReiterated RatingBuyLow
i
Rating by Rob Goff at Echelon Wealth Partners
11/11/2018BarclaysReiterated RatingBuy$20.00Low
i
11/9/2018TD SecuritiesReiterated RatingBuyLow
i
Rating by Vince Valentini at TD Securities
10/21/2018DesjardinsReiterated RatingBuyLow
i
10/10/2018ScotiabankDowngradeOutperform ➝ Sector PerformMedium
i
5/11/2018Echelon Wealth PartnersSet Price TargetBuy$26.00Low
i
Rating by Rob Goff at Echelon Wealth Partners
5/11/2018BarclaysLower Price TargetOverweight ➝ Overweight$21.00 ➝ $20.50Low
i
5/11/2018CIBCDowngradeSector Outperform ➝ NeutralLow
i
4/30/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$25.50Low
i
2/2/2018TD SecuritiesUpgradeHold ➝ BuyMedium
i
11/21/2017Bank of AmericaInitiated CoverageNeutral ➝ Neutral$19.50N/A
i
11/17/2017Morgan StanleyBoost Price TargetEqual Weight$24.00 ➝ $25.50N/A
i
11/10/2017BarclaysBoost Price TargetOverweight$20.50 ➝ $21.00N/A
i
11/10/2017Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$23.50 ➝ $25.50N/A
i
10/25/2017ScotiabankUpgradeSector Perform ➝ OutperformN/A
i
8/14/2017BarclaysBoost Price TargetOverweight$19.00 ➝ $20.50Low
i
8/14/2017BMO Capital MarketsBoost Price TargetOutperform$23.00 ➝ $23.50Low
i
5/8/2017Canaccord GenuityReiterated RatingBuy$23.50Low
i
4/5/2017CIBCUpgradeSector Perform ➝ Sector OutperformMedium
i
2/16/2017BarclaysReiterated RatingOverweight$18.00 ➝ $19.00N/A
i
2/10/2017BarclaysBoost Price TargetBuy$19.00N/A
i
2/7/2017National Bank FinancialUpgradeSector Perform ➝ OutperformN/A
i
Rating by A. Shine at National Bank Financial
2/6/2017Canaccord GenuityReiterated RatingBuy$23.50N/A
i
1/5/2017Canaccord GenuityUpgradeHold ➝ BuyN/A
i
11/7/2016BMO Capital MarketsReiterated RatingHoldN/A
i
8/11/2016DesjardinsUpgradeHold ➝ BuyN/A
i
Rating by M. Yaghi at Desjardins
8/8/2016BarclaysBoost Price TargetOverweight$18.00 ➝ $18.50N/A
i
8/5/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Aravinda Galappatthige at Canaccord Genuity
5/16/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Aravinda Galappatthige at Canaccord Genuity
5/3/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Aravinda Galappatthige at Canaccord Genuity
4/6/2016National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under WeightN/A
i
Rating by A. Shine at National Bank Financial
3/23/2016TD SecuritiesDowngradeBuy ➝ HoldN/A
i
(Data available from 3/5/2016 forward)
TELUS logo
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Wireless and Wireline segments. The Wireless segment offers a range of telecommunications products and services. Its wireless products and services include network revenue comprising data and voice; and equipment sales from mobile technologies. The Wireline segment includes data services revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; customer care and business services; healthcare solutions; and home and business security, agriculture, voice, and other telecommunications services. It has 16.0 million subscriber connections, which include 9.0 million mobile phone subscribers; 1.8 million mobile connected device subscribers; 2.1 million internet subscribers; 1.2 million residential voice subscribers; 1.2 million TV subscribers; and 707,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was founded in 1993 and is headquartered in Vancouver, Canada.
Read More

Today's Range

Now: $20.88
$20.50
$20.92

50 Day Range

MA: $20.78
$20.04
$21.45

52 Week Range

Now: $20.88
$13.54
$21.61

Volume

1,967,107 shs

Average Volume

1,500,905 shs

Market Capitalization

$26.94 billion

P/E Ratio

26.43

Dividend Yield

4.66%

Beta

0.71

Frequently Asked Questions

What sell-side analysts currently cover shares of TELUS?

The following equities research analysts have issued research reports on TELUS in the last year: Barclays PLC, BMO Capital Markets, Canaccord Genuity, CIBC, Credit Suisse Group AG, National Bank Financial, Royal Bank of Canada, Scotiabank, TD Securities, Veritas Investment Research, and Zacks Investment Research.
View the latest analyst ratings for TU.

What is the current price target for TELUS?

8 Wall Street analysts have set twelve-month price targets for TELUS in the last year. Their average twelve-month price target is $29.13, suggesting a possible upside of 42.7%. Scotiabank has the highest price target set, predicting TU will reach $34.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $21.00 for TELUS in the next year.
View the latest price targets for TU.

What is the current consensus analyst rating for TELUS?

TELUS currently has 2 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TU will outperform the market and that investors should add to their positions of TELUS.
View the latest ratings for TU.

What other companies compete with TELUS?

How do I contact TELUS's investor relations team?

TELUS's physical mailing address is 510 West Georgia Street, Vancouver A1, V6B 0M3. The Wireless communications provider's listed phone number is 604-697-8044 and its investor relations email address is [email protected] The official website for TELUS is www.telus.com.