TELUS Co. (TSE:T) Director Hazel Cynthia Claxton Buys 1,845 Shares of Stock

TELUS Co. (TSE:T) (NYSE:TU) Director Hazel Cynthia Claxton acquired 1,845 shares of TELUS stock in a transaction that occurred on Thursday, February 20th. The shares were purchased at an average cost of C$21.70 per share, with a total value of C$40,036.50.

TELUS Trading Up 0.5 %

Shares of T opened at C$22.29 on Tuesday. The firm has a market cap of C$33.56 billion, a price-to-earnings ratio of 36.17, a PEG ratio of 1.65 and a beta of 0.72. The company has a debt-to-equity ratio of 183.41, a quick ratio of 0.52 and a current ratio of 0.69. TELUS Co. has a fifty-two week low of C$19.10 and a fifty-two week high of C$24.31. The firm has a 50 day moving average price of C$20.45 and a 200-day moving average price of C$21.51.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on T shares. CIBC reduced their price objective on shares of TELUS from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. Scotiabank reduced their price objective on shares of TELUS from C$23.25 to C$22.50 and set a “sector perform” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. reduced their price objective on shares of TELUS from C$23.00 to C$22.00 and set a “neutral” rating for the company in a research note on Thursday, January 2nd. Barclays dropped their target price on shares of TELUS from C$23.00 to C$20.00 in a research report on Thursday, January 30th. Finally, National Bank Financial lowered shares of TELUS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 12th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$23.00.

About TELUS

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.