TELUS Co. (TSE:T) Receives Consensus Rating of “Moderate Buy” from Brokerages

TELUS Co. (TSE:T) (NYSE:TU) has been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$20.31.

T has been the topic of a number of recent analyst reports. TD upgraded TELUS from a “hold” rating to a “buy” rating and lifted their target price for the stock from C$19.00 to C$20.00 in a research note on Tuesday, April 28th. Canaccord Genuity Group cut TELUS from a “buy” rating to a “hold” rating and lowered their target price for the stock from C$21.00 to C$17.50 in a research note on Thursday, April 9th. Scotiabank cut TELUS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 9th. ATB Cormark Capital Markets decreased their price objective on TELUS from C$20.00 to C$19.00 and set a “sector perform” rating for the company in a report on Friday, February 13th. Finally, Barclays decreased their price objective on TELUS from C$20.00 to C$19.00 in a report on Tuesday, April 14th.

TELUS Trading Down 0.5%

TSE T opened at C$17.46 on Tuesday. The stock has a market capitalization of C$27.26 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 1.65 and a beta of 0.58. TELUS has a one year low of C$16.18 and a one year high of C$23.18. The company has a debt-to-equity ratio of 199.56, a current ratio of 0.67 and a quick ratio of 0.52. The business’s fifty day moving average is C$17.69 and its 200-day moving average is C$18.51.

TELUS (TSE:T) (NYSE:TU) last released its earnings results on Friday, May 8th. The company reported C$0.23 EPS for the quarter. The company had revenue of C$4.99 billion for the quarter. TELUS had a return on equity of 6.41% and a net margin of 4.57%. Equities research analysts predict that TELUS will post 1.2267985 EPS for the current year.

TELUS News Summary

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: TELUS announced a quarterly cash dividend of C$0.4184 per share, reinforcing its income appeal for shareholders. TELUS Declares Quarterly Cash Dividend Payable July 2, 2026
• Positive Sentiment: The company also highlighted expanded sovereign AI infrastructure and a new AI-powered fleet product with Powerfleet, signaling ongoing investment in higher-growth digital services. TELUS posts resilient Q1 2026 results and expands sovereign AI infrastructure Telus, Powerfleet launch AI-powered Vision 360 for Canadian fleets
• Neutral Sentiment: TELUS announced that CFO Doug French will retire and Gopi Chande will succeed him, a planned transition that should limit immediate disruption. TELUS Announces Retirement of Chief Financial Officer Doug French and Appointment of Successor Gopi Chande
• Negative Sentiment: The main driver for the stock is TELUS’s first-quarter results, which showed lower profit and weaker revenue versus a year ago, while another report said expenses climbed even as revenues were steady, pointing to margin compression. Telus reports first-quarter profit and revenue down from year ago Telus reports flat revenue, 50% profit drop in first quarter Telus Profit Drops as Q1 2026 Expenses Climb Despite Steady Revenues
• Negative Sentiment: Separately, TELUS is facing criticism over AI tools used in call centers, including “accent masking” concerns and worker backlash, which could add reputational risk. As AI creeps into telecoms, call centre agents worry they’ll be replaced Telus under fire for AI accent-masking in offshore call centres Telus under fire for undisclosed AI accent-masking in call centres

TELUS Company Profile

TELUS Digital, a wholly-owned subsidiary of TELUS Corporation (TSX: T, NYSE: TU), crafts unique and enduring experiences for customers and employees, and creates future-focused digital transformations that deliver value for our clients. We are the brand behind the brands. Our global team members are both passionate ambassadors of our clients’ products and services, and technology experts resolute in our pursuit to elevate their end customer journeys, solve business challenges, mitigate risks, and drive continuous innovation.