Barclays PLC Boosts Rogers Communications Inc. (RCI.B) Price Target to C$55.00
Rogers Communications Inc. (TSE:RCI.B) had its price objective increased by research analysts at Barclays PLC from C$53.00 to C$55.00 in a report issued on Tuesday, StockTargetPrices.com reports.
A number of other equities analysts have also recently commented on RCI.B. TD Securities reiterated a “buy” rating and issued a C$58.00 target price on shares of Rogers Communications in a research report on Wednesday, July 6th. Citigroup Inc. lifted their target price on shares of Rogers Communications from C$51.00 to C$55.00 in a research report on Tuesday, July 19th. Desjardins lifted their target price on shares of Rogers Communications from C$56.00 to C$61.00 in a research report on Thursday, August 11th. Scotiabank reiterated an “outperform” rating and issued a C$56.00 target price on shares of Rogers Communications in a research report on Tuesday, June 21st. Finally, Royal Bank Of Canada lifted their target price on shares of Rogers Communications from C$54.00 to C$56.00 and gave the stock an “outperform” rating in a research report on Friday, July 22nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of C$57.75.
Rogers Communications Company Profile
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Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet and telephony services to consumers and businesses. The Company operates through four segments: Wireless, Cable, Business Solutions and Media. Its Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.
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