(T) Price Target to C$50.00

Telus Corp. said Friday that its second-quarter wireless revenue was $1.85 billion including a 7.2 per cent increase in network revenue supported by the addition of 99,000 contract subscribers during the quarter

Operating revenue rose to C$3.27 billion from C$3.15 billion, the company said. TELUS Corporation earned a media sentiment score of 0.26 on Accern's scale. Vanguard Group Inc. now owns 4,680,743 shares of the Wireless communications provider's stock valued at $152,031,000 after buying an additional 182,298 shares in the last quarter. The stock has a market capitalization of $21.29 billion, a P/E ratio of 21.03 and a beta of 0.89. Next quarter's EPS is forecasted to be $0.54 and the next full year EPS is projected to be $2.27. As of quarter end Ubs Asset Management Americas Inc had acquired 11,287 shares growing its position 11.9%.

Telus (NYSE:TU) is 0.9% lower in US trading after Q2 results where profits declined and missed expectations, though the company beat on revenues and posted solid operational numbers. Institutional investors and hedge funds own 52.53% of the company's stock. The stock's 50-day moving average is $35.36 and its 200-day moving average is $33.67. Finally, Bank of America Corp DE boosted its position in shares of TELUS Corporation by 15.2% in the first quarter. Korea Investment CORP bought a new position in TELUS Corporation during the first quarter valued at about $156,000. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. TELUS has a 52 week low of $45.72 and a 52 week high of $45.97.

WeChat, Weibo Among Targets in China Cybersecurity Probe
The Office for Cyberspace Administration said the three platforms had failed to police content on their sites. Shares of the firm, based in Hong Kong were down following the news, by close to 5%.

TELUS Corporation (NYSE:TU) (TSE:T) last released its earnings results on Friday, August 11th. IBC upgraded the stock to "Sector Outperform" rating in Wednesday, April 5 report. About shares traded. TELUS Corporation (USA) (NYSE:TU) has risen 9.57% since August 9, 2016 and is uptrending. Stockholders of record on Friday, September 8th will be paid a dividend of $0.3884 per share. This represents a $1.55 dividend on an annualized basis and a dividend yield of 4.39%. Also Fool.ca published the news titled: "Should Investors Be Taking Profits From Telus Corporation?" on July 27, 2017. If you are reading this news story on another website, it was stolen and reposted in violation of worldwide copyright laws. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/08/09/telus-corporation-tu-shares-sold-by-nn-investment-partners-holdings-n-v-updated-updated.html. Zacks Lowered stocks of TELUS Corporation from a "hold" recommendation to a "sell" recommendation in a analysis report on early Thur, May 4th. Finally, BidaskClub upgraded TELUS Corporation from a "hold" rating to a "buy" rating in a research note on Tuesday, June 20th. The company has a consensus rating of "Buy" and a consensus target price of $41.33. The companys telecommunications products and services comprise wireless and wireline voice and data; data services, including Internet protocol; television; hosting, managed information technology, and cloud-based services; healthcare solutions; and business process outsourcing solutions.

Related News:

  • Forex - Dollar falls against yen as Trump warns NKorea on Guam

    Forex - Dollar falls against yen as Trump warns NKorea on Guam

    The VIX, also known as Wall Street's "fear gauge", jumped 44 percent, to 16.04, its highest level this year. It soared over 2 per cent in the previous two sessions, and is set for a weekly gain of 2.25 per cent.
    Watch Arsenal v Leicester City: English Premier League Opener

    Watch Arsenal v Leicester City: English Premier League Opener

    We lost the ball for the second goal and lacked some experience. "So I think it's a good buy for Leicester". Arsenal has beaten Leicester City 4-3 in the opening match of the 2017-2018 English Premier League season.
    Ayodhya dispute: SC to hear appeals from December 5

    Ayodhya dispute: SC to hear appeals from December 5

    Many BJP leaders, including LK Advani and Murali Manohar Joshi, are facing a criminal case in connection with the demolition. The Lucknow bench of Allahabad High Court in 2010 in its ruling did a three-way division of the disputed site in Ayodhya.
  • 'Toilet: Ek Prem Katha' mints over Rs 13 crore on opening day!

    'Toilet: Ek Prem Katha' mints over Rs 13 crore on opening day!

    Meanwhile, Akshay Kumar thanked the Desperado and Wild Wild West star for supporting their "small effort" to end open defecation. Due to clash with 'Toilet Ek Prem Katha' , the Hindi film received decent response on 8th day of its release.
    Olesen, Kisner share lead after opening round of PGA Championship

    Olesen, Kisner share lead after opening round of PGA Championship

    So what's a good game plan for the world No. 2 heading into the second round? "Like I hit a pitching wedge into number one today". He one-putted his final six holes, draining three putts longer than 12 feet including a 28-foot birdie putt on the 18th hole.
    Buffalo Bills make a splash, acquire Jordan Matthews and EJ Gaines

    Buffalo Bills make a splash, acquire Jordan Matthews and EJ Gaines

    In a flurry of moves on Friday, the Buffalo Bills have made significant changes in their roster as the season approaches. Watkins is going to command top dollar in free agency next year regardless of whether he has a Pro Bowl season or not.
  • Gold Price Hits Highest Levels In Two Months

    On the currency markets, the pound was up 0.03% against the dollar at $1.2981 but down 0.23% against the euro at 1.0999 euros. In other precious metal trade, silver futures rose 1.01% to $17.034 while platinum futures rose by 0.36% to $990.15.
    Matthews traded after three seasons with Eagles

    Matthews traded after three seasons with Eagles

    In 37 career games in Buffalo, Watkins had 153 catches and 17 touchdowns, although he missed 11 matches over the last two seasons. Darby, who finished second in voting for defensive rookie of the year in 2015, had two years remaining on his contract.
    Luann de Lesseps Kicking Herself Over Lost Countess Title

    Luann de Lesseps Kicking Herself Over Lost Countess Title

    In the spirit of sisterhood, I'm now doing somersaults in my lobby, which is the only place there's enough room. Sonja's late to her party because Frenchie was busy "tossing her like a salad." Bye.
  • There has been a possible 'rally cat' sighting in St. Louis

    There has been a possible 'rally cat' sighting in St. Louis

    Louis Feral Cat Outreach , where volunteers are treating the cat and helping it recover before preparing it for adoption. Later in the morning, a board member of the outreach confirmed the cat they had in their possession was the Rally Cat.
    Gold steady near 2-mth highs as N. Korea tensions continue

    Gold steady near 2-mth highs as N. Korea tensions continue

    Computer hardware stocks rebounded following recent weakness, with the NYSE Arca Computer Hardware Index climbing by 1.4%. Investors said the rhetoric may have sparked some selling, but it wasn't exclusively to blame for the sharp fall.

    Mourinho: Manchester United in talks to re-sign Ibrahimovic

    The 35-year-old confounded the doubters last season, plundering 28 goals before a serious knee injury brought his maiden campaign at Old Trafford to a shuddering halt. "He's not ready to play tomorrow".


Most liked

TSX opens lower as US-North Korea tensions weigh
They are looking for confirmation the Fed is sticking with plans for a possible December interest rate hike. The 30-year bond was last up 4/32 in price to yield 2.7871 per cent, from 2.794 per cent late on Thursday.

West Ham look to tie Liverpool target Lanzini to new deal
Ayew endured a frustrating debut campaign last season largely due to injury but appears to be in top shape. West Ham forked out £16million to Bayer Leverkusen to bring Hernandez back to England this summer.

Kyrie Irving prefers Clippers, Blake Griffin pairing
This saga will continue as the National Basketball Association revealed small pieces of next season's schedule this past week. That list initially included multiple teams, but it is now being reported that Irving has narrowed down his options.

Trump's statements on North Korea reminiscent of Bush's preventive war doctrine
A military campaign of " fire and fury " in the Korean Peninsula would also carry staggering human costs. Nor can US-led United Nations sanctions on North Korea achieve an effective solution.

United Kingdom pensions regulator clears Tata Steel proposal
Tata Steel UK said they had also reached an agreement for the sponsorship of a proposed new pension scheme. It would effectively mean that Tata Steel would no longer have any responsibility for the pension scheme.

National 811 Day Reminder: Call Before You Dig
One toll-free call to the utility notification service at 811 can help to get an excavation project safely underway. Visit www.nc811.org or www.call811.com for more information about 811 and safe digging practices.

As Rhetoric Escalates, What Do We Know About North Korea's Nuclear Arsenal?
A THAAD battery includes a truck-mounted launcher, tracking radar, interceptor missiles and an integrated fire control system. It has limited self-government, with a popularly elected governor, small legislature, and non-voting delegate in the U.S.

Everton manager Ronald Koeman confident Swansea's Gylfi Sigurdsson deal will go through
Sigurdsson's last appearance for Swansea was their first pre-season friendly at Barnet on July 12. We have seen it before. "So we're as ready as we can be".

Man City keeper Ederson: Pep Guardiola said to forget price tag
It could be the returning striker who leads the way to the Premier League or Champions League in the second half of this season. Gabriel Jesus is hoping the competition between him and Sergio Aguero can inspire Manchester City to greatness this season.

North Korea threatening missile strike on Guam, report says
Tillerson conceded there would likely be a lag period before the sanctions "actually have a practical bite on their revenues". Nikki Haley said the new sanctions increased the penalty for North Korea's ballistic missile activity to a whole new level.

China protests U.S. ship near South China Sea island
Since 1985 Brunei has claimed a continental shelf that overlaps a southern reef but has not made any formal claim to the reef. Mabini (Johnson) Reef part of the disputed islands China has built up in the South China Sea.

Does The US Have A Strategic Plan Against North Korea's Threats?
To talk about the USA options in North Korea, we're joined now by Republican Congressman Lee Zeldin of NY . The man behind the documentary "An Inconvenient Sequel: Truth to Power" may not see eye-to-eye with Mr.

Zlatan Ibrahimovic set to make a Premier League return
Zlatan Ibrahimovic has shared an update on his recovery from a cruciate knee ligament injury with his followers on Instagram. Victor can play right-back and centre midfield.

Trump speaks with Guam governor amid North Korea threat
New United Nations sanctions condemning the North's rapidly developing nuclear program drew fresh ire and threats from Pyongyang. Governor Eddie Calvo during a press briefing on Friday told everyone to remain calm and enjoy the weekend . "The U.S.

Majority says current Congress a failure so far
That could be a bad sign for Republicans as they prepare to defend their House and Senate majorities in the 2018 elections. For example, 6 in 10 Republicans and Trump backers want the GOP to continue its repeal and replace drive in Congress .