TELUS Co. (TSE:T) Director Purchases C$40,036.50 in Stock

TELUS Co. (TSE:T) (NYSE:TU) Director Hazel Cynthia Claxton purchased 1,845 shares of TELUS stock in a transaction dated Thursday, February 20th. The stock was acquired at an average price of C$21.70 per share, for a total transaction of C$40,036.50.

TELUS Stock Down 0.3 %

TELUS stock opened at C$22.43 on Thursday. The company’s 50-day moving average price is C$20.54 and its two-hundred day moving average price is C$21.52. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. The stock has a market cap of C$33.77 billion, a price-to-earnings ratio of 36.39, a PEG ratio of 1.65 and a beta of 0.72. TELUS Co. has a 52 week low of C$19.10 and a 52 week high of C$23.99.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on T. National Bankshares cut their target price on shares of TELUS from C$22.00 to C$21.00 and set a “sector perform” rating on the stock in a report on Friday, January 3rd. National Bank Financial cut TELUS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 12th. TD Securities boosted their price objective on TELUS from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Cormark lowered their price target on shares of TELUS from C$26.00 to C$25.00 in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of TELUS from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a report on Thursday, January 2nd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average 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.