RBC Capital Reaffirms Their Hold Rating on TELUS International (CDA) (TIXT)
In a report released on July 9, Daniel Perlin from RBC Capital maintained a Hold rating on TELUS International (CDA), with a price target of $5.00. The company’s shares closed yesterday at $3.75.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Perlin is an analyst with an average return of -9.6% and a 39.64% success rate. Perlin covers the Technology sector, focusing on stocks such as Affirm Holdings, Broadridge Financial Solutions, and Fidelity National Info.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TELUS International (CDA) with a $3.92 average price target.
TIXT market cap is currently $1.06B and has a P/E ratio of -9.41.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TIXT in relation to earlier this year.
Read More on TIXT:
Disclaimer & DisclosureReport an Issue
- TELUS Digital Forms Special Committee to Review Acquisition Proposal
- Telus Digital provides update on special committee process on Telus proposal
- Telus Digital price target raised to $3.40 from $3 at Scotiabank
- Hold Rating for TELUS International Amid Acquisition Offer and Financial Challenges
- Telus Digital price target lowered to $3.40 from $4.50 at CIBC
