Scotiabank Keeps Hold Rating on TELUS International with $3.40 Price Target

Scotiabank analyst Divya Goyal reiterated a Hold rating on TELUS International (CDA) with a price target of $3.40. The company's shares closed at $3.74. Goyal has an average return of -4.0% and a 40.40% success rate, covering the Technology sector. TELUS International has a consensus Hold rating with a price target consensus of $3.83.

Scotiabank analyst Divya Goyal has reiterated a Hold rating on TELUS International (CDA) with a price target of $3.40. The company's shares closed at $3.74 on July 2, 2025. Goyal, who has an average return of -4.0% and a 40.40% success rate, covers the Technology sector [1].

Goyal's rating comes amidst a broader consensus rating of Hold with a price target consensus of $3.83. This indicates a slight divergence in analyst opinions, with Goyal's target being more conservative than the consensus.

TELUS International operates in the business process outsourcing (BPO) sector, providing services such as customer service, data management, and digital transformation solutions. The company's recent performance has been mixed, with some quarters showing growth while others have faced challenges.

Investors should closely monitor the company's financials and any updates from management to gauge the validity of the Hold rating. Scotiabank's rating suggests a cautious approach, indicating that the analyst believes the current valuation may not be favorable for significant price appreciation.

References:

[1] https://www.marketbeat.com/ratings/by-issuer/scotiabank-stock-recommendations/