TELUS ( TSE:T – Get Free Report ) (NYSE:TU) had its target price reduced by analysts at Royal Bank of Canada from C$32.00 to C$31.00 in a research note issued on Monday, BayStreet.CA reports. The firm presently has an 'outperform' rating on the stock. Royal Bank of Canada's price objective would suggest a potential upside of 28.58% from the company's current price. A number of other equities research analysts also recently commented on the stock. UBS Group cut their target price on shares of TELUS from C$28.

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