Rogers Comm Given New C$48.00 Price Target at RBC Capital (RCI.B)
Equities researchers at RBC Capital decreased their price objective on shares of Rogers Comm (TSE:RCI.B) from C$49.00 to C$48.00 in a research report issued on Friday, Stock Ratings Network reports. The firm currently has a “sector perform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at CIBC reiterated a “sector perform” rating on shares of Rogers Comm in a research note to investors on Friday. They now have a C$44.00 price target on the stock. Separately, analysts at Canaccord Genuity downgraded shares of Rogers Comm from a “buy” rating to a “hold” rating in a research note to investors on Friday. Finally, analysts at TD Securities raised their price target on shares of Rogers Comm from C$50.00 to C$51.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of C$48.78.
Rogers Communications Inc (TSE:RCI) is a diversified public Canadian communications and media company.
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