Rogers Communications Inc. (RCI.B) Price Target Raised to C$57.00 at Citigroup Inc.
Rogers Communications Inc. (TSE:RCI.B) had its price objective raised by stock analysts at Citigroup Inc. from C$55.00 to C$57.00 in a research note issued to investors on Tuesday.
A number of other research analysts have also commented on RCI.B. CIBC increased their price objective on Rogers Communications from C$56.00 to C$57.00 in a research report on Tuesday. CSFB increased their price objective on Rogers Communications from C$53.00 to C$54.00 and gave the company a “neutral” rating in a research report on Tuesday. National Bank Financial increased their price objective on Rogers Communications from C$59.00 to C$60.00 in a research report on Tuesday. Canaccord Genuity increased their price objective on Rogers Communications from C$50.00 to C$55.00 in a research report on Friday, July 22nd. Finally, Scotiabank set a C$60.00 price objective on Rogers Communications and gave the company an “outperform” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Rogers Communications has an average rating of “Buy” and an average price target 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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