Canaccord Genuity analyst Aravinda Galappatthige maintained a Buy rating on Telus (NYSE:TU) Corp. on Monday, setting a price target of C$29, which is approximately 14.08% above the present share price of $20.23.
Galappatthige expects Telus Corp. to post earnings per share (EPS) of $0.20 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Telus, with an average price target of $25.16.
The analysts price targets range from a high of $33 to a low of $22.28.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.06 billion and a net profit of $552 million. The company's market cap is $26.25 billion.
According to TipRanks.com, Canaccord Genuity analyst Aravinda Galappatthige is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.2% and a 55.35% success rate.
TELUS Corporation is a telecommunications company that provides a broad range of telecommunications products and services in Canada. It offers wireless, wireline, Internet, communications services for voice and data to consumers and businesses. The company also provides entertainment, healthcare, video, and IPTV television services in the country.