Is Telus Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: TU) stock is to Buy TU stock.
Out of 3 analysts, 0 (0%) are recommending TU as a Strong Buy, 2 (66.67%) are recommending TU as a Buy, 1 (33.33%) are recommending TU as a Hold, 0 (0%) are recommending TU as a Sell, and 0 (0%) are recommending TU as a Strong Sell.
What is TU's forecast return on equity (ROE) for 2023-2024?
(NYSE: TU) forecast ROE is 13.97%, which is considered weak.
What is TU's Price Target?
According to 3 Wall Street analysts that have issued a 1 year TU price target, the average TU price target is $26.67, with the highest TU stock price forecast at $31.00 and the lowest TU stock price forecast at $20.00.
On average, Wall Street analysts predict that Telus's share price could reach $26.67 by Aug 7, 2024. The average Telus stock price prediction forecasts a potential upside of 57.05% from the current TU share price of $16.98.
What is TU's forecast return on assets (ROA) for 2023-2024?
(NYSE: TU) forecast ROA is 4.12%, which is lower than the forecast US Telecom Services industry average of 8.02%.
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