Stock To Watch: TELUS Corporation (NYSE:TU)


The leading market experts have placed a mean price target of $31.91 on TELUS Corporation (NYSE:TU) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.69 a share for the upcoming quarter and $2.66 for the current fiscal. Technical View The technical analysis of Telus Corporation Ordinary Shar plainly substantiates that the 50-day moving average of Telus Corporation Ordinary Shar is $31.89, and stock is hovering 0.93 or +2.93% distant from $31.89. It is noted that the 200-day MA is $30.16, and Telus Corporation Ordinary Shar stock is $2.66 or +8.81% off from this point. TELUS Corporation (NYSE:TU) 52-week high is $34.90 and the 52-week low is $24.34. This explains if the stock moves $-2.08, it will post a 52-week high. In event of $+34.84% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Telus Corporation Ordinary Shar, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, TELUS Corporation (NYSE:TU) ratio came in at 18.95. The stock last ended the trading session at $32.82 and registered a market cap of $19.46B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. TELUS Corporation (NYSE:TU) PEG ratio is at 2.35.

1 Chart Pattern Every Investor Should Know

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