Brokerages Set TELUS International (Cda) Inc. (NYSE:TIXT) PT at $34.31

Shares of TELUS International (Cda) Inc. (NYSE:TIXTGet Rating) have been assigned an average recommendation of “Buy” from the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $33.83.

TIXT has been the topic of a number of research analyst reports. Zacks Investment Research upgraded TELUS International (Cda) from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research note on Tuesday. William Blair reiterated an “outperform” rating on shares of TELUS International (Cda) in a research report on Monday, May 9th. Citigroup lowered their price objective on TELUS International (Cda) from $32.00 to $30.00 in a research report on Monday, May 9th. TD Securities reduced their price objective on TELUS International (Cda) from $38.00 to $33.00 and set a “buy” rating for the company in a research note on Monday, May 9th. Finally, Morgan Stanley cut their target price on TELUS International (Cda) from $34.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Friday, February 11th.

Shares of TIXT opened at $25.30 on Wednesday. TELUS International has a 52-week low of $20.73 and a 52-week high of $39.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50 day simple moving average of $23.59 and a 200 day simple moving average of $27.44. The firm has a market capitalization of $6.73 billion, a PE ratio of 61.71, a P/E/G ratio of 1.12 and a beta of 1.14.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP purchased a new stake in shares of TELUS International (Cda) in the third quarter valued at approximately $9,711,000. DORCHESTER WEALTH MANAGEMENT Co lifted its stake in TELUS International (Cda) by 3.3% during the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 46,705 shares of the company’s stock worth $1,540,000 after purchasing an additional 1,500 shares in the last quarter. Versor Investments LP acquired a new position in TELUS International (Cda) during the fourth quarter worth $311,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of TELUS International (Cda) in the third quarter valued at $1,218,000. Finally, PCJ Investment Counsel Ltd. raised its stake in shares of TELUS International (Cda) by 253.9% in the fourth quarter. PCJ Investment Counsel Ltd. now owns 62,600 shares of the company’s stock valued at $2,070,000 after acquiring an additional 44,910 shares in the last quarter. 39.28% of the stock is owned by institutional investors.

TELUS International (Cda) Company Profile (Get Rating)

TELUS International (Cda) Inc provides customer experience and digital business services in Europe, North America, the Asia-Pacific, and the Central America. It offers digital experience solutions, such as AI and bots, omnichannel CX, mobility solutions, cloud contact center, big data, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, customer care, technical support, sales growth and retention, and healthcare/patient experience.

Featured Articles

Analyst Recommendations for TELUS International (Cda) (NYSE:TIXT)

Receive News & Ratings for TELUS International (Cda) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS International (Cda) and related companies with MarketBeat.com's FREE daily email newsletter.