Rogers Communications (TSE:RCI.B – Get Free Report) (NYSE:RCI) had its price target cut by investment analysts at Scotiabank from C$75.50 to C$71.50 in a research note issued to investors on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price target indicates a potential upside of 35.49% from the company’s current price.
Other equities research analysts have also issued research reports about the stock. Desjardins upped their price target on shares of Rogers Communications from C$77.00 to C$79.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. National Bankshares decreased their price target on shares of Rogers Communications from C$78.00 to C$76.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 9th. Canaccord Genuity Group boosted their price objective on shares of Rogers Communications from C$72.50 to C$74.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. BMO Capital Markets decreased their target price on Rogers Communications from C$80.00 to C$65.00 in a report on Tuesday, April 2nd. Finally, Royal Bank of Canada cut their price target on Rogers Communications from C$73.00 to C$68.00 and set an “outperform” rating for the company in a report on Wednesday, April 10th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$74.88.
View Our Latest Stock Report on RCI.B
Rogers Communications Price Performance
About Rogers Communications
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.
See Also
- Five stocks we like better than Rogers Communications
- Find and Profitably Trade Stocks at 52-Week Lows
- Comprehensive PepsiCo Stock Analysis
- Profitably Trade Stocks at 52-Week Highs
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- Stock Market Sectors: What Are They and How Many Are There?
- Bear Market Funds to Watch This Year
Receive News & Ratings for Rogers Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communications and related companies with MarketBeat.com's FREE daily email newsletter.