In a report released on August 5, Ramsey El Assal from Barclays maintained a Buy rating on TELUS International (CDA) (TIXT – Research Report), with a price target of $35.00. The company’s shares closed last Friday at $29.38.
El Assal covers the Technology sector, focusing on stocks such as WEX, Upstart Holdings, and Argo Blockchain. According to TipRanks, El Assal has an average return of 3.1% and a 51.94% success rate on recommended stocks.
Currently, the analyst consensus on TELUS International (CDA) is a Moderate Buy with an average price target of $30.43, representing a 3.57% upside. In a report released on August 5, RBC Capital also maintained a Buy rating on the stock with a $38.00 price target.
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The company has a one-year high of $39.91 and a one-year low of $20.73. Currently, TELUS International (CDA) has an average volume of 74.36K.
Based on the recent corporate insider activity of 76 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 TIXT in relation to earlier this year.
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TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, Communications and Media, eCommerce and FinTech, Healthcare and Travel and Hospitality. The solutions offered by the company include Digital Experience, Customer Experience, Advisory services, and Back Office & Automation among other services.
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