What Next for TELUS Corporation Stock After Today’s Huge Increase?

 What Next for TELUS Corporation Stock After Today's Huge Increase?

The stock of TELUS Corporation (TSE:T) is a huge mover today! About 133,790 shares traded hands. TELUS Corporation (TSE:T) has risen 0.64% since April 1, 2016 and is uptrending. It has underperformed by 1.32% the S&P500.
The move comes after 8 months positive chart setup for the $25.92B company. It was reported on Nov, 8 by Barchart.com. We have $63.80 PT which if reached, will make TSE:T worth $12.44 billion more.

TELUS Corporation (TSE:T) Ratings Coverage

Out of 5 analysts covering Telus (TSE:T), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $48 is the highest target while $35 is the lowest. The $43.55 average target is 1.02% above today’s ($43.11) stock price. Telus has been the topic of 21 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by TD Securities given on Monday, August 10. The stock of TELUS Corporation (TSE:T) has “Buy” rating given on Monday, August 10 by Canaccord Genuity. Canaccord Genuity downgraded the shares of T in a report on Friday, February 12 to “Hold” rating. The firm earned “Neutral” rating on Monday, August 10 by JP Morgan.

More important recent TELUS Corporation (TSE:T) news were published by: Fool.ca which released: “Dividend-Growth Investors: Telus Corporation Raises its Dividend. Is it Time …” on November 07, 2016, also Fool.ca published article titled: “Telus Corporation Can Provide Both Dividend Income and Growth Prospects”, Fool.ca published: “3 Reasons to Be Bearish on Telus Corporation” on October 28, 2016. More interesting news about TELUS Corporation (TSE:T) was released by: Equitiesfocus.com and their article: “TELUS Corporation (NYSE:TU) PEG Ratio At 4.36” with publication date: November 07, 2016.

TELUS Corporation is a telecommunications company. The company has a market cap of $25.92 billion. The Firm provides a range of telecommunications services and products, including wireless and wireline voice and data. It has a 18.26 P/E ratio. The Company’s data services include Internet protocol, television (TV), hosting, managed information technology and cloud services, and certain healthcare solutions.

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