Share on StockTwits

Rogers Communications (TSE:RCI.B) was downgraded by stock analysts at Canaccord Genuity from a “hold” rating to a “sell” rating in a report issued on Tuesday, AmericanBankingNews.com reports. They currently have a C$41.00 price objective on the stock, down from their previous price objective of C$43.00.

Several other analysts have also recently commented on the stock. Analysts at Scotiabank downgraded shares of Rogers Communications to a “sector perform” rating in a research note on Monday, April 14th. Separately, 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, February 21st. They now have a “hold” rating on the stock. Finally, 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, February 20th. They now have a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating and ten have issued a hold rating to the company. Rogers Communications currently has a consensus rating of “Hold” and a consensus target price of C$47.78.

Rogers Communications Inc (TSE:RCI) is a diversified public communications and media company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.