Telus Corp [TU] moved down -1.31: Why It’s Important

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Telus Corp [NYSE: TU] price plunged by -1.31 percent to reach at -$0.18.

The one-year TU stock forecast points to a potential upside of 19.27. The average equity rating for TU stock is currently 2.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Telus Corp [TU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TU shares is $16.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TU stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Telus Corp shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on December 16, 2024. The new note on the price target was released on December 13, 2024, representing the official price target for Telus Corp stock.

The Average True Range (ATR) for Telus Corp is set at 0.31, with the Price to Sales ratio for TU stock in the period of the last 12 months amounting to 1.39. The Price to Book ratio for the last quarter was 1.73, with the Price to Cash per share for the same quarter was set at 0.40. Price to Free Cash Flow for TU in the course of the last twelve months was 14.00 with Quick ratio for the last quarter at 0.63.

TU Stock Performance Analysis:

Telus Corp [TU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.42. With this latest performance, TU shares dropped by -10.72% in over the last four-week period, additionally sinking by -10.66% over the last 6 months – not to mention a drop of -22.72% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TU stock in for the last two-week period is set at 21.16, with the RSI for the last a single of trading hit 15.83, and the three-weeks RSI is set at 25.42 for Telus Corp [TU]. The present Moving Average for the last 50 days of trading for this stock 15.40, while it was recorded at 13.76 for the last single week of trading, and 15.97 for the last 200 days.

Insight into Telus Corp Fundamentals:

Telus Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.63 and a Current Ratio set at 0.69.

TU Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Telus Corp go to 11.00%.

Telus Corp [TU] Institutonal Ownership Details

There are presently around $55.28%, or 55.29%% of TU stock, in the hands of institutional investors. The top three institutional holders of TU stocks are: ROYAL BANK OF CANADA with ownership of 155.27 million shares, which is approximately 10.5197%. BANK OF MONTREAL /CAN/, holding 67.96 million shares of the stock with an approximate value of $$1.08 billion in TU stocks shares; and BANK OF MONTREAL /CAN/, currently with $$635.45 million in TU stock with ownership which is approximately 2.8436%.