▲ +10.31% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for TELUS in the last 3 months. The average price target is C$29.00, with a high forecast of C$34.00 and a low forecast of C$27.00. The average price target represents a 10.31% upside from the last price of C$26.29.
The current consensus among 8 investment analysts is to buy stock in TELUS. This Buy consensus rating has held steady for over two years.
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.