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NYSE: TU
Telus Corp Stock Forecast, Predictions & Price Target

Analyst price target for TU

Based on 3 analysts offering 12 month price targets for Telus Corp.
Min Forecast
$20.00+17.79%
Avg Forecast
$26.67+57.05%
Max Forecast
$31.00+82.57%

Should I buy or sell TU stock?

Based on 3 analysts offering ratings for Telus Corp.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 66.67%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TU stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 24%
77
HoldMaintains$20.00+17.79%2023-08-07
RBC Capital
Top 21%
80
BuyMaintains$31.00+82.57%2023-07-17
BMO Capital
Bottom 23%
23
BuyMaintains$29.00+70.79%2023-07-17

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Forecast return on equity

Is TU forecast to generate an efficient return?
Company
13.97%
Industry
29.37%
Market
48.98%
TU's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TU forecast to generate an efficient return on assets?
Company
4.12%
Industry
8.02%
TU is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TU earnings growth forecast

How is TU forecast to perform vs Telecom Services companies and vs the US market?
Company
82.83%
Industry
745.36%
Market
66.67%
TU's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TU's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

TU revenue growth forecast

How is TU forecast to perform vs Telecom Services companies and vs the US market?
Company
3.48%
Industry
2%
Market
11.91%
TU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TU vs Telecom Stocks

TickerPricePrice TargetUp/downsideConsensus
TU$16.98$26.67+57.05%Buy
TLK$24.90N/AN/A
TEF$4.28N/AN/A
CHT$36.46N/AN/A
RCI$40.67$67.00+64.74%Strong Buy

Telus Stock Forecast FAQ

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.

If you're new to stock investing, here's how to buy Telus stock.

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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