TU stock icon

Telus
TU

$15.83
0.64%

Market Cap: 23.4B

 

About: Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.

Employees: 106,400

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

69% more call options, than puts

Call options by funds: $130M | Put options by funds: $76.8M

40% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 7 (+2) [Q1 2024]

6% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 112

3% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 36

0% more funds holding

Funds holding: 302 [Q4 2023] → 303 (+1) [Q1 2024]

1.03% less ownership

Funds ownership: 50.03% [Q4 2023] → 49.0% (-1.03%) [Q1 2024]

11% less capital invested

Capital invested by funds: $13B [Q4 2023] → $11.6B (-$1.4B) [Q1 2024]

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$26
64%
upside
Avg. target
$26
64%
upside
High target
$26
64%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
BMO Capital
Tim Casey
64%upside
$26
Outperform
Maintained
12 Feb 2024

Financial journalist opinion

Based on 7 articles about TU published over the past 30 days