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BMO Capital Sticks to Their Hold Rating for Telus (TU)

Tipranks - Tipranks - Fri Jul 3, 11:34AM CDT

BMO Capital analyst Tim Casey maintained a Hold rating on Telus yesterday and set a price target of C$19.00.

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According to TipRanks, Casey is a 4-star analyst with an average return of 6.3% and a 56.70% success rate. Casey covers the Communication Services sector, focusing on stocks such as BCE, Telus, and Cineplex.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telus with a C$19.92 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on Telus’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$4.99 billion and a net profit of C$136 million. In comparison, last year the company earned a revenue of C$5.02 billion and had a net profit of C$321 million

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is neutral on the stock.

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