Will TELUS Corporation Go Down Anytime Soon?

 Will TELUS Corporation Go Down Anytime Soon?

The stock of TELUS Corporation (TSE:T) is a huge mover today! About 150,086 shares traded hands. TELUS Corporation (TSE:T) has risen 7.72% since April 22, 2016 and is uptrending. It has outperformed by 1.70% the S&P500.
The move comes after 7 months positive chart setup for the $25.15B company. It was reported on Nov, 28 by Barchart.com. We have $44.12 PT which if reached, will make TSE:T worth $1.01 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 2.66% above today’s ($42.42) stock price. Telus has been the topic of 21 analyst reports since August 10, 2015 according to StockzIntelligence Inc. Canaccord Genuity downgraded TELUS Corporation (TSE:T) on Monday, August 10 to “Buy” rating. Canaccord Genuity downgraded TELUS Corporation (TSE:T) on Friday, February 12 to “Hold” rating. On Monday, August 10 the stock rating was maintained by TD Securities with “Buy”. The firm has “Neutral” rating by JP Morgan given on Monday, August 10.

More 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 the news titled: “Dividend Investors: Should You Buy TransCanada Corporation or Telus Corporation?” on November 08, 2016. Equitiesfocus.com‘s news article titled: “TELUS Corporation (NYSE:TU) Quarterly EPS From Continuing Operations Stands At …” with publication date: November 28, 2016 was also an interesting one.

TELUS Corporation is a telecommunications company. The company has a market cap of $25.15 billion. The Firm provides a range of telecommunications services and products, including wireless and wireline voice and data. It has a 17.97 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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