In a report released today, Keith Bachman from BMO Capital maintained a Buy rating on TELUS International (CDA) (TIXT – Research Report), with a price target of $34.00. The company’s shares closed last Friday at $27.62, close to its 52-week low of $25.96.
According to TipRanks.com, Bachman is a 5-star analyst with an average return of 12.1% and a 62.2% success rate. Bachman covers the Technology sector, focusing on stocks such as International Business Machines, Qualtrics International, and Rackspace Technology.
Currently, the analyst consensus on TELUS International (CDA) is a Moderate Buy with an average price target of $34.54, implying a 21.3% upside from current levels. In a report issued on February 6, RBC Capital also maintained a Buy rating on the stock with a $41.00 price target.
The company has a one-year high of $39.91 and a one-year low of $25.96. Currently, TELUS International (CDA) has an average volume of 134.6K.
Based on the recent corporate insider activity of 21 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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