RE:Telus?????????I think there's some sentiment out there that the telcos are a bit expensive, there's uncertainty how the situation with oil will impact T's revenue base in Alberta and the economy in general, and concern around regulatory decisions such as the CRTC's recent TV decision and the upcoming wireless roaming rates decision. IMO, I don't think they'll be much factors at all with regards to T's performance.
The company's 2015 guidance targets EPS growth of 4 to 13%. If they can hit the upper end of that, continue their dividend increases, and continue their NCIB program, I think the share price will hit mid to upper $40's by end of year.