Telus (TU) Gets a Hold from National Bank
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According to TipRanks, Shine is a 3-star analyst with an average return of 3.3% and a 50.19% success rate. Shine covers the Communication Services sector, focusing on stocks such as BCE, Rogers Communication, and Telus.
In addition to National Bank, Telus also received a Hold from Barclays's Lauren Bonham in a report issued today. However, yesterday, TR | OpenAI – 4o upgraded Telus (NYSE: TU) to a Buy.
Based on Telus' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.03 billion and a net profit of $7 million. In comparison, last year the company earned a revenue of $4.9 billion and had a net profit of $228 million
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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