Robert W. Baird analyst David Koning maintained a Hold rating on TELUS International (CDA) (TIXT – Research Report) on December 22 and set a price target of $38.00. The company’s shares closed last Wednesday at $32.46.
According to TipRanks.com, Koning is a 5-star analyst with an average return of 13.3% and a 73.0% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Exlservice Holdings.
Currently, the analyst consensus on TELUS International (CDA) is a Moderate Buy with an average price target of $40.18.
Based on TELUS International (CDA)’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $556 million and net profit of $23 million. In comparison, last year the company earned revenue of $427 million and had a net profit of $28 million.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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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