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Telus (TU) Gets a Hold from Barclays

Telus (TU) Gets a Hold from Barclays

In a report released on July 17, Lauren Bonham from Barclays maintained a Hold rating on Telus, with a price target of $15.00. The company's shares closed yesterday at $16.24.
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According to TipRanks, Bonham is an analyst with an average return of -18.2% and a 0.00% success rate. Bonham covers the Communication Services sector, focusing on stocks such as BCE, Rogers Communication, and Telus.
In addition to Barclays, Telus also received a Hold from Canaccord Genuity's Aravinda Galappatthige in a report issued on July 9. However, on July 15, Scotiabank maintained a Buy rating on Telus (NYSE: TU).
TU market cap is currently $24.99B and has a P/E ratio of 28.80.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TU in relation to earlier this year.
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