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Telus ( (TSE:T) ) has issued an announcement.
TELUS has completed the privatization of TELUS Digital, acquiring all outstanding shares for approximately US$539 million, thereby owning 100% of the company. This strategic move is expected to enhance TELUS’s capabilities in AI-powered digital customer experience and SaaS transformation, generating approximately $150 million annually in operational efficiencies. The integration aims to accelerate growth across TELUS’s business lines and create significant shareholder value, positioning the company as a global leader in its industry.
The most recent analyst rating on (TSE:T) stock is a Hold with a C$21.00 price target. To see the full list of analyst forecasts on Telus stock, see the TSE:T Stock Forecast page.
Spark’s Take on TSE:T Stock
According to Spark, TipRanks’ AI Analyst, TSE:T is a Neutral.
Telus’ overall stock score reflects its solid financial performance and strategic initiatives highlighted in the earnings call. While the high dividend yield is a positive factor, the high P/E ratio and mixed technical indicators suggest caution. The company’s strategic focus on growth areas like Telus Health and infrastructure monetization supports its long-term potential, but managing leverage and profitability remains crucial.
To see Spark’s full report on TSE:T stock, click here.
More about Telus
TELUS is a leading telecommunications company that provides a wide range of services, including digital customer experience solutions, AI-driven platforms, and SaaS innovations. The company operates across various sectors such as telecommunications, health, agriculture, and consumer goods, with a focus on leveraging technology to enhance customer experiences and drive growth.
Average Trading Volume: 4,164,703
Technical Sentiment Signal: Sell
Current Market Cap: C$31.65B
For detailed information about T stock, go to TipRanks’ Stock Analysis page.