RBC Capital analyst Drew Mcreynolds maintained a Buy rating on Telus (NYSE:TU) Corp. on Sunday, setting a price target of C$25, which is approximately 7.50% above the present share price of $17.36.
Mcreynolds expects Telus Corp. to post earnings per share (EPS) of $0.28 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Telus, with an average price target of $18.96.
The analysts price targets range from a high of $20.16 to a low of $17.92.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3.66 billion and a net profit of $657 million. The company's market cap is $22.09 billion.
According to TipRanks.com, RBC Capital analyst Drew Mcreynolds is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.4% and a 54.66% success rate.
TELUS Corp. is a telecommunications company. The company specializes in telecommunication services and products primarily for wireless and wireline voice and data. It operates through the following segments: Wireless and Wireline. The Wireless segment refers to the data and voice products for mobile technologies. The Wireline segment offers data solutions such as internet protocol, television, hosting, managed information technology and cloud-based services, business process outsourcing, certain healthcare solutions, as well as voice and other telecommunications services, and equipment sales. The company was founded on October 4, 1990 and is headquartered in Vancouver, Canada.