Rogers Communications Inc. (RCI.B) Given “Outperform” Rating at Scotiabank
Rogers Communications Inc. (TSE:RCI.B)‘s stock had its “outperform” rating restated by research analysts at Scotiabank in a note issued to investors on Tuesday. They presently have a C$60.00 price objective on the stock.
A number of other research firms also recently issued reports on RCI.B. JPMorgan Chase & Co. boosted their target price on shares of Rogers Communications from C$51.00 to C$57.00 in a research report on Friday, July 22nd. Barclays PLC boosted their target price on shares of Rogers Communications from C$53.00 to C$55.00 in a research report on Tuesday. TD Securities restated a “buy” rating and set a C$58.00 target price on shares of Rogers Communications in a research report on Wednesday, July 6th. Royal Bank Of Canada restated an “outperform” rating on shares of Rogers Communications in a research report on Tuesday. Finally, Canaccord Genuity upped their price objective on shares of Rogers Communications from C$50.00 to C$55.00 in a research report on Friday, July 22nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Rogers Communications has a consensus rating of “Buy” and an average price target of C$57.69.
About Rogers Communications
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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