Rogers Communications PT Lowered to C$42.00 (RCI.B)
Analysts at CIBC decreased their price objective on shares of Rogers Communications (TSE:RCI.B) from C$44.00 to C$42.00 in a research report issued to clients and investors on Thursday, American Banking and Market News reports.
A number of other firms have also recently commented on RCI.B. Analysts at Scotiabank cut their price target on shares of Rogers Communications from C$54.00 to C$49.00 in a research note on Friday, February 14th. They now have an “outperform” rating on the stock. Separately, analysts at National Bank Financial downgraded shares of Rogers Communications from an “outperform” rating to a “sector perform” rating in a research note on Thursday, February 13th. Finally, analysts at TD Securities cut their price target on shares of Rogers Communications from C$55.00 to C$49.00 in a research note on Thursday, February 13th. They now have a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of C$49.35.
Rogers Communications Inc (TSE:RCI) is a diversified public communications and media company.
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