TELUS Bull Case
Here are some ways that investors could benefit from investing in TELUS Co.:
- The current stock price is around $16.13, which may present a buying opportunity for investors looking for value in the telecommunications sector.
- Recent institutional investments indicate strong confidence in TELUS Co., with several large investors increasing their stakes significantly in the last quarter.
- TELUS Co. has announced a dividend increase to $0.2989 per share, reflecting a commitment to returning value to shareholders, with a notable annualized dividend yield of 7.41%.
- The company has a solid market capitalization of approximately $24.42 billion, suggesting stability and a strong presence in the telecommunications market.
- Analyst ratings show a consensus hold rating, with some analysts increasing their price targets, indicating potential for future growth.