Rogers Communications Inc. (RCI.B) Price Target Increased to C$57.00 by Analysts at CIBC
Rogers Communications Inc. (TSE:RCI.B) had its target price upped by equities research analysts at CIBC from C$56.00 to C$57.00 in a report issued on Tuesday.
A number of other analysts have also issued reports on RCI.B. Scotiabank restated an “outperform” rating and set a C$56.00 target price on shares of Rogers Communications in a research report on Tuesday, June 21st. TD Securities reiterated a “buy” rating and issued a C$58.00 price target on shares of Rogers Communications in a report on Wednesday, July 6th. Citigroup Inc. lifted their price target on shares of Rogers Communications from C$51.00 to C$55.00 in a report on Tuesday, July 19th. Royal Bank Of Canada lifted their price target on shares of Rogers Communications from C$54.00 to C$56.00 and gave the company an “outperform” rating in a report on Friday, July 22nd. Finally, Barclays PLC lifted their price target on shares of Rogers Communications from C$51.00 to C$53.00 in a 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 target price of C$57.69.
Rogers Communications Company Profile
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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