Rogers Communications Inc. (RCI.B) PT Raised to C$54.00
Rogers Communications Inc. (TSE:RCI.B) had its price objective increased by investment analysts at CSFB from C$53.00 to C$54.00 in a research report issued on Tuesday. The brokerage presently has a “neutral” rating on the stock.
Other equities analysts have also recently issued research reports about the stock. Barclays PLC increased their price objective on shares of Rogers Communications from C$53.00 to C$55.00 in a research report on Tuesday. Royal Bank Of Canada restated an “outperform” rating on shares of Rogers Communications in a report on Tuesday. CIBC upped their target price on shares of Rogers Communications from C$56.00 to C$57.00 in a report on Tuesday. Scotiabank set a C$60.00 target price on shares of Rogers Communications and gave the stock an “outperform” rating in a report on Tuesday. Finally, National Bank Financial upped their target price on shares of Rogers Communications from C$59.00 to C$60.00 in a report on Tuesday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price 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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