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Robert W. Baird Reaffirms Their Hold Rating on TELUS International (CDA) (TIXT)

In a report released on January 23, David Koning from Robert W. Baird maintained a Hold rating on TELUS International (CDA) (TIXTResearch Report), with a price target of $26.00. The company’s shares closed yesterday at $22.75.

According to TipRanks, Koning is a 5-star analyst with an average return of 8.3% and a 65.06% success rate. Koning covers the Services sector, focusing on stocks such as Fidelity National Info, Mastercard, and Visa.

In addition to Robert W. Baird, TELUS International (CDA) also received a Hold from Bank of America Securities’s Cassie Chan in a report issued on January 11. However, on January 9, Wells Fargo maintained a Buy rating on TELUS International (CDA) (NYSE: TIXT).

See today’s best-performing stocks on TipRanks >>

Based on TELUS International (CDA)’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $615 million and a net profit of $59 million. In comparison, last year the company earned a revenue of $556 million and had a net profit of $23 million

Based on the recent corporate insider activity of 72 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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