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Cormark Securities Sticks to Their Hold Rating for Telus (TU)

Tipranks - Tipranks - Sun Feb 15, 8:18AM CST

Cormark Securities analyst David Mcfadgen maintained a Hold rating on Telus yesterday and set a price target of C$19.00.

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According to TipRanks, Mcfadgen is a 4-star analyst with an average return of 21.9% and a 60.00% success rate.

In addition to Cormark Securities, Telus also received a Hold from Barclays’s Lauren Bonham in a report issued yesterday. However, on the same day, RBC Capital maintained a Buy rating on Telus (NYSE: TU).

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TU market cap is currently C$29.41B and has a P/E ratio of 24.44.

Based on the recent corporate insider activity of 61 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 TU in relation to earlier this year.

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