Rogers Communications Inc. (RCI.B) Price Target Raised to C$57.00 at Citigroup Inc.
Rogers Communications Inc. (TSE:RCI.B) had its price target raised by analysts at Citigroup Inc. from C$55.00 to C$57.00 in a research report issued to clients and investors on Tuesday.
RCI.B has been the topic of a number of other reports. JPMorgan Chase & Co. increased their price target on Rogers Communications from C$51.00 to C$57.00 in a report on Friday, July 22nd. Scotiabank increased their target price on Rogers Communications from C$57.00 to C$61.00 and gave the stock an “outperform” rating in a report on Friday, July 22nd. Barclays PLC increased their target price on Rogers Communications from C$53.00 to C$55.00 in a report on Tuesday. TD Securities reiterated a “buy” rating and issued a C$58.00 target price on shares of Rogers Communications in a report on Wednesday, July 6th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Rogers Communications in a 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’s stock. The company 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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