Rogers Communications Price Target Cut to C$43.00 by Analysts at Canaccord Genuity (RCI.B)
Analysts at Canaccord Genuity lowered their target price on shares of Rogers Communications (TSE:RCI.B) from C$46.00 to C$43.00 in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. The firm currently has a “hold” rating on the stock.
A number of other analysts have also recently weighed in on RCI.B. Analysts at TD Securities cut their price target on shares of Rogers Communications from C$49.00 to C$47.00 in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at BMO Capital Markets cut their price target on shares of Rogers Communications from C$48.00 to C$45.00 in a research note on Thursday. They now have a “market perform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Rogers Communications from an “overweight” rating to a “neutral” rating in a research note on Thursday. They now have a C$44.00 price target on the stock, down previously from C$49.00. Ten analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of C$48.10.
Rogers Communications Inc (TSE:RCI) is a diversified public communications and media company.
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