Rogers Communications Inc. (TSE:RCI.B – Get Free Report) (NYSE:RCI) has been assigned a consensus rating of “Buy” from the eight research firms that are currently covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have covered the stock in the last year is C$72.96.
RCI.B has been the topic of several analyst reports. Barclays reduced their price target on Rogers Communications from C$70.00 to C$63.00 in a report on Tuesday, April 9th. Canaccord Genuity Group reduced their price target on shares of Rogers Communications from C$71.50 to C$71.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. Scotiabank reduced their price objective on Rogers Communications from C$75.50 to C$71.50 and set an “outperform” rating on the stock in a research note on Wednesday, April 17th. Desjardins reduced their price target on Rogers Communications from C$75.00 to C$74.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. Finally, BMO Capital Markets lowered their price objective on Rogers Communications from C$80.00 to C$65.00 in a research report on Tuesday, April 2nd.
View Our Latest Research Report on Rogers Communications
Rogers Communications Price Performance
Rogers Communications Company Profile
Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.
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